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na Jabal Omar Development Company: The company was founded in accordance with the High Order No. (M / 63) dated 09/25/1427 AH was chosen as the first board of directors under the Constituent Assembly's decision on Saturday dated 17/09/1428 H corresponding to 09/29/2007 AD_x005F_x000D_ Company Name:_x005F_x000D_ Jabal Omar Development Company "joint-stock company."_x005F_x000D_ Capital of the company: -_x005F_x000D_ (9,294,000,000) nine billion two hundred and ninety-four million riyals divided into (929.4 million) nine hundred and twenty-nine million, four hundred thousand shares of equal value, with a nominal value of each of them (10) ten riyals, and all in-kind and cash ordinary shares._x005F_x000D_ The estimated value of the project_x005F_x000D_ Was appointed a consultant to estimate the cost of the project (Kordroa global company) which updated the estimated cost of the project based on what has been developed from the executive designs, reaching cost to 18.5 billion riyals, except for the value of the land which has been estimated at 4.7 billion riyals at the discretion of the Commission the official estimate, and estimated at the present time about 14.6 billion riyals, and thus the value of the entire project is estimated to 33.1 billion riyals_x005F_x000D_ The number of hotels in the project (26 hotels) spread over a number (38) tower, operated by global operators such as (Hilton - Sheraton - Hyatt Regency - Marriott - Sofitel - Westin - Radisson - Holiday Inn - Crowne Plaza ..... etc.).
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