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Tuesday, 24 November 2009 08:15 UAE time

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Dar Al-Arkan

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Saudi developer Dar Al-Arkan eyes bonus share sukuk

Bonus share issue of $480mn will raise company's capital by a third.

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Dar Al-Arkan sees earnings jump 45%

Saudi's largest developer posted Q2 income of $183.3mn as property demand grew in kingdom.

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Dar Al-Arkan profit hit by extra costs

Saudi's largest developer saw Q1 profit rise 6.6%, considerably below growth in revenues.

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Saudi approves home loans company for poor

SHL will provide loans compliant with Islamic law, state news agency SPA reports.

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Investors clamour for piece of Dar Al-Arkan IPO

Saudi developer offered 81% of $888mn it is looking to raise, arranger says.

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Dar Al-Arkan valued at $8.1bn in IPO

Saudi property developer's initial public offering will be priced at $15 per share, lead manager says.

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