Wednesday 29 March 2017
 
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Makkah

Jabal Omar to sell key Makkah hotels, mall

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a sh

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Jabal Omar to sell key Makkah real estate assets for $1.6bn

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a sh

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Domestic tourism in Saudi Arabia set to grow 40pc

Government led investment is driving a surge in domestic tourism across Saudi Arabia – with experts predicting a 40 per cent rise in the number of internal trips made between 2015 and 2020.   The Euromonitor Internationa

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Makkah, Dubai lead hotel room growth in MEA

Makkah (Saudi Arabia) and Dubai (UAE) are leading the boom in rooms 'in construction' for the Middle East and Africa region with 22,370 rooms in 17 projects and 19,578 rooms in 64 projects respectively, new data showed. ST

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Jabal Omar wins go-ahead for project site expansion

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, has won approval from Makkah Region Development Authority to increase the construction area of Phases 5, 6 and 7 at its upcoming development i

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$320m development projects to come up in Makkah

The Saudi government has launched development projects worth more than SR1.2 billion ($320 million) in the Rabigh governorate of Makkah, according to a report. The projects were unveiled by Prince Khaled Al Faisal, governor of Mak

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Foster + Partners wins Makkah luxury hotel project

Foster + Partners, a leading UK-based architectural firm, said it has secured a major contract from leading Saudi real estate group Jabal Omar Development to design the masterplan of a luxury hotel and serviced apartments project in the heart of

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Foster + Partners wins Makkah luxury hotel project

Foster + Partners, a leading UK-based architectural firm, said it has secured a major contract from leading Saudi real estate group Jabal Omar Development to design the masterplan of a luxury hotel and serviced apartments project in the heart of

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Makkah launches $306m development projects

Saudi government has launched SR1.15 billion ($306 million) development projects in Makkah region including a scheme for beautification of entrances to the city, a new rainwater drainage network and construction of a cultural centre, said a repo

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Big demand seen for Makkah hotel sector

Increasing religious tourism in line with ‘Saudi Vision 2030’ will create huge opportunities in the retail, hotel and broader accommodation sectors in Makkah, Saudi Arabia, said an industry expert. “The long-term

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