Dar Al Arkan Real Estate Development Company

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Recent Articles

• Saudi construction giant lauds positives of global downturn14 October 2009

  Dar Al Arkan MD says economic downturn has 'positively affected' sector.

• Dar Al Arkan plans new $2bn Jeddah project11 October 2009

  UPDATE 1: Saudi's largest developer says work on new scheme will begin in 2010.

• Saudi's Dar Al Arkan's Q1 net profit falls 6.2%21 April 2009

  Fall in profit margins for land sales & the impact of a new accounting system weighs on co's earnings.

• Saudi’s Dar al Arkan’s Q4 net profit up 2.6%21 January 2009

  UPDATE 1: Saudi's largest developer by market value posts lowest growth since going public.

• Dar Al-Arkan sees profit climb 4.3%25 October 2008

  Saudi Arabia's largest real estate developer posts Q3 net income of $192mn, topping analyst forecast.

• Saudi firms unveil projects worth total of $27bn11 October 2008

  Dar al-Arkan and Saudi Kingdom Holdings reveal mega construction schemes.

• Saudi 'will escape any Gulf real estate slump'6 October 2008

  Kingdom's largest developer remains confident that property sector is still surging.

• Arkan raises sukuk sale to $1bn17 July 2007

  Strong demand prompts Saudi property developer to raise size of its Islamic bond from $800mn to landmark $1bn.

• Dar Al Arkan lists $600m sukuk28 May 2007

  The property developer is the first Saudi issuer to list Islamic bonds on the DIFX.

• Revealed: Gulf's most admired companies14 April 2007

  Arabian Business has published its '50 Most Admired' list of regional companies.

• Groundbreaking Saudi Sukuk issue closes at US$600m22 February 2007

  The first international Sukuk issue by a Saudi corporate has successfully closed at US$600m.