doaausef3li
: 11.10.23
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 : 24, 2024 10:47 pm : Where is Jabal Omar's arrow headed? |
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The Jabal Omar project is considered one of the most important development stages for the areas surrounding the Holy Mosque in Mecca. It is considered one of the important leaps on the path to achieving the goals of Vision 2030, which includes increasing the number of visitors to the Holy House of God until it reaches thirty million visitors by the year 2030 AD. In addition, this project will add a lot to the Saudi economy. Its benefits will be directly reflected on the people of Mecca. The Jabal Omar project is one of the largest residential investment projects being built in Mecca. It includes residential and hotel towers, commercial markets, parking areas, and others. It will be one of the most prominent landmarks around the Grand Mosque in Mecca.
سهم جبل عمر
Therefore, the expectations for Jabal Omar stock in 2022 are positive despite the company incurring huge losses during the past two years due to the closure period resulting from the precautionary measures to confront the Corona pandemic, but since the beginning of this year the company has begun to reduce the size of its losses in addition to the increase in the general revenue rate, and this is due to To resume hotel activity after reducing precautionary measures and the return of Umrah flights at the normal rate after a hiatus that lasted for many months, and the stock began recording an upward trend in the recent trading sessions.
What supports the positive expectations of Jabal Omar stock is the approaching Hajj season and the readiness of the Kingdom of Saudi Arabia to receive the pilgrims of the Holy House of God with the full capacity of the Holy Mosque, which will result in the revitalization of the hotel and tourism business sector, which will undoubtedly be reflected in the performance of Jabal Omar stock directly on the stock exchange. Saudi Arabia. |
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