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Dar Al Arkan raises $450m from sukuk saleSaudi Arabia's Dar Al Arkan Real Estate Development Company has announced the launch of a SR2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a twelve month period. The order book for the fi More… |
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Dar Al Arkan raises $450m from sukuk saleSaudi Arabia's Dar Al Arkan Real Estate Development Company has announced the launch of a SR2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a twelve month period. The order book for the fi More… |
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Dar Al Arkan to sell benchmark-sized sukukSaudi Arabia's Dar Al Arkan Real Estate Development Company is aiming to sell a benchmark-sized Islamic bond, or sukuk, this week after announcing initial price thoughts for the dollar-denomin More… |
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Dar Al Arkan Q4 net profit halvesSaudi Arabia's largest real estate company, Dar al Arkan, said its fourth-quarter net profit halved from the same time the year before as finance costs rose and property sales generated lower margins. More… |
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Saudi developer Dar eyes foreign propertiesSaudi Arabia's largest listed real estate developer, Dar Al Arkan, plans to buy assets in Asia as part of its strategy to diversify revenue streams, its chairman Youssef al-Shelash told Reuters on Monday. More… |
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Top Saudi developer posts 11pc Q2 growthSaudi Arabia's Dar al-Arkan, the kingdom's largest property developer, said its second-quarter net profit rose 11 per cent to SR331 million ($88 million), missing analyst expectations. A group of six analysts had forecast that Dar Al Arkan More… |
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Sabic to buy land from Dar Al ArkanSaudi Basic Industries Corp (Sabic), the world's biggest petrochemicals group by market value, is buying part of a residential project from Saudi builder Dar Al Arkan for 741.7 million riyals ($197.77 million), the two companies said on Wednes More… |
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Saudi Dar Al Arkan Q1 net up 7pcSaudi Arabian real estate company Dar Al Arkan said on Saturday its first quarter net profit rose 7.1 per cent year-on-year due to improved gross margins in real estate sales. The firm posted a net profit of SR292.6 million ($78.02 millio More… |
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Dar Al Arkan to repay $987m debtSaudi Arabia's biggest property developer Dar Al Arkan plans to repay about 3.7 billion riyals ($986.6 million) of debt this year, its chief financial officer said. 'Beyond the SR2.5 billion cash in hand on December 31, we plan to More… |
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Dar Al Arkan Q4 profit drops on lower salesSaudi Arabian real estate company Dar Al Arkan said on Wednesday its fourth quarter net profit fell 12.3 percent on the year due to lower land and residential sales. The kingdom's largest listed developer More… |
