Jabal Omar Receives SAR 31M White Land Tax Invoices

JABAL OMAR +0.44%

JABAL OMAR

4250.SA

15.92

+0.44%

On February 17, 2026, Jabal Omar Development Company announced it has received White Land Tax invoices totaling SAR 31,043,790.3 for the years 2022-2024, with specific amounts of SAR 7,591,108, SAR 7,423,600.5, and SAR 16,029,081.8 respectively. The company has submitted a request for exemption from these fees, arguing that the criteria for White Land Tax application under the Implementing Regulations do not apply to their properties.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93195&anCat=1&cs=4250&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.