![Jabal Omar Development, a Riyadh-listed real estate company reported higher first-quarter loss due to lower revenue. Hasan Jamali / AP Photo](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/VBDWFUXH4DIFCA3FSRY5QXBRNE.jpg?smart=true&auth=54d58aa104c4c07d4d6eeb98855053b8d2541763e5ba74449e11cf33d9dd5392&width=400&height=225)
Jabal Omar Development, a Riyadh-listed real estate company reported higher first-quarter loss due to lower revenue. Hasan Jamali / AP Photo
Jabal Omar Development, a Riyadh-listed real estate company reported higher first-quarter loss due to lower revenue. Hasan Jamali / AP Photo
Saudi Arabia’s Jabal Omar reports steeper first-quarter loss amid Covid-19 restrictions
Revenue fell 89% as occupancy rates declined at hotels and commercial malls