Moreover, the company is operating in a promising and vibrant market that is marked by a growing demand for real estates, particularly the residential products. It is worth mentioning that Mr. Ziad holds a Master's degree in Business Administration from the American University in Beirut. Al Shelash pointed out that in the coming period, Dar Al Arkan seeks to expand inside and outside the Kingdom, and provide all real estate products that meet the different needs of customers and the aspirations of real estate investors. Dar Al Arkan's CEO is Bilal Al Matarneh Eissa Al-Essa, the CEO of Samba, said the weeklong Dar Al-Arkan IPO, offering 59.45 million shares worth SR3.33 billion, drew huge response from Saudi investors. DAR AL ARKAN SUKUK CO LTD has 5 total employees across all of its locations and generates $788,855 in sales (USD). This notice is to confirm that Dar Al Arkan Real Estate Development is the legal owner of the copyrighted commercial name "Dar Al Arkan (DAAR)" as registered at the official certificate no#1437025479 issued by Ministry of Commerce and Investment, in the Kingdom of Saudi Arabia. Dar Al Arkan projects are witnessing good pricing performance, the CEO revealed, adding its actively selling projects include Shams Ar Riyadh and Parisiana in Riyadh and Naeem El Jiwar in Madina. The company also announced that Kelvin Kwok has been appointed new chief executive officer (CEO) of the company, effective 1 September, 2018.

Saudi-based Dar Al Arkan Real Estate Development Company has announced the resignation of its chief executive officer, Ziad El-Chaar, according to reports on Thursday. You must have JavaScript enabled to use this form. Dar Al Arkan Properties | 48,469 followers on LinkedIn. “The company holds sufficient capabilities to seize the currently available opportunities to start a range of new projects, considering the low cost of building and construction materials, and the increasing demand for housing projects. - ZAWYA UAE Edition D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like DAR AL ARKAN SUKUK CO LTD around the world, including contacts, financials, and competitor information. WhatsApp Numbers: © 2021 Dar Al Arkan. Investor sentiment is recovering for Saudi real estate and the long-term housing demand is back in force, Anand Raheja, CEO of Dar Al Arkan Real Estate Development Co. told Bloomberg in an interview. Based in Riyadh, it was established in 1994 by six business families with real estate development experience in response to the demand for housing from the rapidly growing Saudi population. For his part, Mr. Ziad El Chaar, the new CEO of Dar Al-Arkan, expressed his pleasure for joining the company, the pioneer real estate developer in the Kingdom. Recently, Dar Al Arkan closed the issuance of the fourth tranche of USD denominated international Islamic Sukuk Program, raising SAR 1.9 billion ($500 million). It is the largest developer by market value in Saudi Arabia. He led the management of mega and versatile projects. Dar Al Arkan official website addresses are: daralarkan.com, alarkan.com or alarkan.email. Dar Al Arkan’s Chairman, Mr. Yousef Al Shelash said: "Our decision to appoint Mr. Ziad El Chaar was based on his distinguished career and extensive experience in the real estate, financial and leadership fields. Visit us here and read more about our chairman's, Yousef Bin Abdullah Al Shelash, message. Mr. El Chaar’s professional background corresponds with the company’s current directions to pursue a real-estate development strategy that contributes to the growth of profitability, the enhancement of financial position, the achievement of high returns on company’s assets plus sustainable revenues. In a statement published on the Saudi Stock Exchange (Tadawul) website, Dar Al Arkan Real Estate Development Company announced the appointment of Mr. Ziad El Chaar as Chief Executive Officer of the company as of June 1, 2017. Based in Riyadh, Dar Al Arkan is the largest listed real estate company in the Saudi stock market with a capital of SAR10.8bn. The company will, also, strive to address the housing problem in the country by activating the role of the real estate sector in enhancing the local content in GDP, along with an active contribution to creating more job opportunities for citizens. Consulting security and information technology solutions, Manage teaming / partnership contract agreement between partners and vendors. Dar Al Arkan CEO resigns, replacement named. “I feel optimistic about the future of Dar Al Arkan, where I will devote the best of my expertise to meet the expectations of the board of directors and the shareholders as well,” said Ziad El Chaar. Shams Al Arous in Jeddah is close to launching off-plan sales, while Juman in the Eastern Province is still in the planning phase, Raheja informed. Speaking about the company’s next stage, Mr. El Chaar explained that Dar Al Arkan owns a vast portfolio of assets that generate sustainable financial revenues. Read more: Saudi’s Dar Al Arkan appoints former Damac MD as CEO. Dar Al Arkan official website addresses are: daralarkan.com, alarkan.com or alarkan.email. WhatsApp Numbers: © 2021 Dar Al Arkan. 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