Jazan Development Co. - Saudi joint stock company - was established under the resolution of the Minister of Trade No: 223 dated 02/07/1414 AH corresponding 26/07/1993 G. It was registered according to Commercial Registration No. 5900005403 dated 19.02.1414 H city of Jazan, its current capital is 500.000.000 (five hundred million Saudi riyals) divided to fifty million shares, nominal value per share is ten riyals.
The company's activities:
The company's activities invest in fisheries, agricultural, industrial, and real estate areas, where the company's activity until 2005 was limited to investment in the agricultural field only, at the end of 2005 new purposes were added to its activity allows the opportunities to invest in real estate, industrial and commercial field. the policy and strategy of the board of directors, which was elected by the Ordinary General Assembly in 24/04/2010 G focuses on the investment in real estate activity through the exploitation of available opportunities in this area particularly in Jazan region and generally in the rest areas of the Kingdom.