Jabal Omar Development Co. (JODC)

With total assets of around $7 billion, as of June 2021, JODC is the developer of the mega project “Jabal Omar” in Makkah, Saudi Arabia. Phase 1 of the project was launched in 2017. When complete, Jabal Omar will consist of 16 hotels, 3,000 branded apartments, and malls built across 2.5 million square meters. JODC was listed on the Saudi Stock Exchange (Tadawul) in 2006, and it had a market cap of $7.6 billion as of November 7, 2021. The company reported sales of $20.6 million and net profits of $72.1 million during Q3 2021.