Jabal Omar wins licence to operate new Rotana hotel property in Oman

27/04/2026 05:58 AST

Saudi-based Jabal Omar Development Company has announced that it has won the licence from the kingdom's Ministry of Tourism to operate the third and final tower of Rotana Hotel, which is part of Phase Four of the Jabal Omar project.

The Rotana Jabal Omar Hotel spans across three towers comprising 655 rooms and suites, said Jabal Omar Development Company in its filing to Saudi bourse Tadawul.

The tower comprises 205 rooms and suites, in addition to three restaurants, a cafe, meeting rooms, and a health club.

It is also connected to a commercial centre featuring 16,000 sq m of leasable space and 131 parking spaces.

The operation of the third tower of the Rotana Hotel is expected to have a positive financial impact on Jabal Omar's revenues during the second quarter, it added.


Trade Arabia

News

Rotana expands its portfolio with Rotana Jabal Omar Makkah

30/10/2025

Rotana, one of the leading hotel management companies in the region, has announced the signing of Rotana Jabal Omar - Makkah, during the Future Hospitality Summit (FHS) Dubai 2025, further cementing

Trade Arabia

Accor adds Sofitel Jabal Omar Makkah to its portfolio

30/10/2025

Accor, a global leader in hospitality, has announce the signing of Sofitel Jabal Omar Makkah, a property located in the heart of Makkah, within walking distance of the holy mosque.

Set to op

Trade Arabia

Jabal Omar plans to build passenger terminal in Makkah

04/03/2018

Jabal Omar Development Company, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has signed a deal with Saudi Ground Services Company (SGS) to conduct a joint st

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Valuation

JABALOMAR Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
MASAR 16.18 0.12 (0.74%)
DARALARKAN 18.10 0.56 (3.19%)
MCDC 82.60 -0.45 (-0.55%)
TAIBA 38.12 -0.78 (-2.01%)
CENOMICENTERS 17.71 0.16 (0.91%)

Recent News

QLM reports QR15.3mn net profit on QR364mn revenues in Q1

27/04/2026

QLM Life and Medical Insurance Company has reported strong insurance revenue of QR364mn in the first quarter (Q1) of 2026, up 22% on annualised basis.

Net profit was flat at QR15.3mn in Q1-2

Gulf Times

Burgan Bank's flagship Kanz returns, crowning more than 250 winners and its 4th millionaire

27/04/2026

Burgan Bank has concluded the resumption draws for its flagship Kanz account, crowning more than 250 winners - including Kanz's fourth millionaire - across postponed draws covering the period from Ma

Kuwait Times

Gulf Bank continues to support Kuwaiti enterprises, gifts customers Arfaj flower cake

27/04/2026

As part of its ongoing commitment to supporting small and medium sized enterprises and empowering Kuwaiti entrepreneurs, Gulf Bank resumed its distinctive community initiative, "Nuqsat Al Khaleej," i

Kuwait Times

almeera AGM approves distribution of QR0.40 dividend

27/04/2026

Al Meera Consumer Goods Company (almeera) is eyeing expansion plans, which include adding more branches across Qatar, developing private labels, and expanding partnerships with local suppliers to pro

Gulf Times

Dukhan Bank reports QR429.5mn Q1 profit

27/04/2026

Dukhan Bank has reported a net profit of QR429.5mn in the first three months of 2026, leading to earnings per share of QR0.075.

Total equity in Q1 2026 stood at QR15.6bn, reflecting a 2.5% i

Gulf Times

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap