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| Announcement Detail | Jabal Omar Development Company announces the receipt on the evening of Thursday, April 23, 2026, from the Ministry of Tourism the license to operate the third and final tower of Rotana Hotel, which is part of Phase Four of the Jabal Omar project. The tower comprises 205 rooms and suites, in addition to three restaurants, a cafe, meeting rooms, and a health club. It is worth noting that Rotana Jabal Omar Hotel spans across three towers comprising 655 rooms and suites. It is also connected to a commercial center featuring approximately 16,000 square meters 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 the Company's revenues during the second quarter of 2026. |