Jabal Omar Development Co. is eyeing several investments in Al Madinah, chief executive officer Yasser Faisal Al-Sharif said on the sidelines of the Euromoney Saudi Arabia Conference.

 

The Tadawul-listed property developer is seeking to set up partnerships over the coming period to undertake sharia-compliant investments in retail, infrastructure, and sustainable development.

 

The company is also seeking to boost investments in Hajj and Umrah amid plans to raise the number of Hajj pilgrims to 30 million per year until 2030.

 

Al-Sharif also said the company aims to enhance the added value of projects to bolster income, as part of plans to attract strategic investors and fulfill liabilities.

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