Jabal Omar Names Waleed Al-Harthi as New CEO

Jabal Omar Development Company has appointed Eng. Waleed Ali Al-Harthi as its new Chief Executive Officer, effective 6 September 2026. The decision was taken by the company's board and disclosed through the Saudi stock exchange, the official channel for announcements by listed companies.

The appointment follows the resignation of the previous CEO, Saleh Habdan Alhabdan, which the board accepted on 10 August 2026. His role as CEO concludes on 3 September 2026, though he will remain a member of the Board of Directors after stepping down.

Jabal Omar Development Company is a Saudi real estate developer, with its office located at Trio Boulevard in the Ash Shati District of Jeddah, and a corporate address also referenced in Ar Rusayfah, Makkah.

Why it matters

As one of the country's real estate developers active in the Makkah area, leadership changes at Jabal Omar are closely watched by investors and residents alike. The transition was carried out through the standard corporate-governance process for listed companies: a board resolution followed by formal disclosure via the Saudi stock exchange.

No changes to regulatory procedures were reported in connection with the appointment, and the move reflects a planned continuity in the company's executive leadership.

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