Sun 26 Sep 2010 07:52 AM
Abdullah Yar Sirajuddin
49

Abdullah Yar Sirajuddin

Industry: Real Estate

Designation: Showing that the Gulf's real estate crash is still making its presence felt, Jabal Omar Development Co (JODC) booked a painful $4.4m loss in the first half of 2010.

Country: Saudi Arabia

Occupation: Showing that the Gulf's real estate crash is still making its presence felt, Jabal Omar Development Co (JODC) booked a painful $4.4m loss in the first half of 2010.

-$440,000

Jabal Omar Development

Saudi Arabia

Showing that the Gulf's real estate crash is still making its presence felt, Jabal Omar Development Co (JODC) booked a painful $4.4m loss in the first half of 2010. For its tiny workforce of ten employees then, that adds up to an uncomfortable $440,000 loss each. GM Dr Abdullah Yar Sirajuddin must be hoping for a dramatic pick-up in the second half of the year.

JODC is the key player behind the Jabal Omar development in Makkah, and is involved in managing, investing, selling, and renting real estate in the area.