Jabal Omar plans to sell 400 units post foreign ownership inclusion

Jabal Omar Development Company announced its intention to launch 400 hotel residential units for sale during this year, following approval to include its project within the areas permitted for non-Saudis to own property. The move aims to improve the company's capital structure and reduce financial burdens, with a focus on redeveloping Phase 7 of the project and increasing the number of units available for sale. This initiative enhances the project's appeal to investors and aligns with new regulations governing property ownership.

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