Dar Alarkan Real Estate Development Co (4300)

Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company recorded an annual jump of 38.27% in net profit to SAR 610.76 million during 2023, compared to SAR 441.72 million. Revenues dropped by 31.04% year-on-year (YoY) to SAR 2.70 billion as …

Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company posted net profits after Zakat and tax worth SAR 416.01 million in the first nine months (9M) of 2023, an annual rise of 5.85% from SAR 393.01 million. Earnings per share (EPS) stood …

Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company witnessed a 15.78% year-on-year (YoY) decrease in net profit after Zakat and tax to SAR 264.10 million during the first half (H1) of 2023 from SAR 313.60 million. The earnings per …

Riyadh – Mubasher: Dar Al Arkan Sukuk Company, a subsidiary of the Saudi Dar Alarkan Real Estate Development Company, has listed $600 million worth of Sukuk on Nasdaq Dubai. The listing will be under the $2.50 billion Trust Certificate Issuance …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company generated SAR 117.63 million in net profit after Zakat and tax during the first quarter (Q1) of 2023. The registered net profits were lower by 46.78% than SAR 221.02 million in Q1-22, …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company posted 233.32% higher net profits after Zakat and tax at SAR 441.72 million in 2022, versus SAR 132.52 million in 2021. Revenues hiked by 57.45% year-on-year (YoY) to SAR 3.92 billion …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company was awarded a contract from ROSHN to develop residential units in SEDRA project in Northern Riyadh. The collaboration aligns with ROSHN’s strategic partnerships with other global …

Riyadh – Mubasher: Dar Al Arkan Global Company, a subsidiary of Dar Alarkan Real Estate Development Company, has inked an agreement with the Trump Organization on 16 November 2022. Under the deal, the Saudi company will develop Trump residential …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company logged net profits after Zakat and tax worth SAR 393.01 million in the first nine months (9M) of 2022, an annual leap of 416.24% from SAR 76.13 million. The Saudi firm registered SAR …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company posted a 515.38% surge in net profit after Zakat and tax to SAR 313.60 million during the first half (H1) of 2022, versus SAR 50.96 million in H1-21. Revenues increased by 104.64% …

Mubasher: GFH Financial Group has acted as a joint lead manager on the pricing and issuance of a $400 million Sukuk by Saudi Arabia-based Dar Alarkan Real Estate Development Company. The three-year Sukuk, which marks the company's 12th market …

Riyadh – Mubasher: The net profits after Zakat and tax of Dar Alarkan Real Estate Development Company hiked by 674.96% year-on-year (YoY) to SAR 221.02 million in the first quarter (Q1) of 2022 from SAR 28.52 million. The company generated …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company has redeemed its $500 million Islamic Sukuk. The company has redeemed 500,000 Sukuk, issued on 5 April 2017, at a value of $1,000 per share, according to a bourse filing on Monday. The …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company has posted a year-on-year (YoY) surge of 605.26% in net profits after Zakat and tax to SAR 132.52 million in 2021, compared to SAR 18.79 million. The company’s revenues hiked by 28.18% …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company has signed a 10-year contract with Omani Tourism Development Company at a total value of SAR 6 billion. The Saudi company will develop a project in three stages in the Yiti area of …

Mubasher: Saudi Arabia’s real estate developer Dar Al Arkan has teamed up with the Italian auto manufacturer Pagani Automobili to unveil DaVinci Residential Tower on the Dubai Water Canal in Dubai. The development is valued at AED 800 million, …

Mubasher: Dar Al Arkan has entered into a strategic partnership with the UAE-based Compass Project Consulting to establish an integrated real estate development consultancy in Saudi Arabia and the Gulf area, according to a press release on Sunday. …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company achieved net profits after Zakat and tax of SAR 76.13 million in the first nine months of 2021, a leap of 1,717% year-on-year (YoY) from SAR 4.19 million.  Earnings per share (EPS) …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company recorded an annual surge of 123.7% in net profits after Zakat and tax to SAR 50.96 million in the first half (H1) of 2021 from SAR 22.78 million in H1-20. Earnings per share stood at …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company recorded a leap of 129.6% in net profit after Zakat and tax to SAR 28.52 million during the first quarter (Q1) of 2021, compared to SAR 12.42 million in the same period a year earlier. …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company moved to a quarterly loss of SAR 18.59 million, compared with a profit of SAR 134.87 million last year. Third-quarter revenue plunged by 56.5% on a yearly basis to SAR 391.24 million, …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company’s net profits amounted to SAR 10.37 million in the second quarter (Q2) of 2020, a plunge of 86.2% when compared to SAR 74.95 million in the year-ago period. The fall in interim …

Riyadh – Mubasher: Dar Alarkan Real Estate Development Company’s net profits after Zakat and tax decreased by 51.3% year-on-year (YoY) in the first quarter (Q1) of 2020, as shown in the company’s interim financial statements. The profits for the …

Mubasher: Nasdaq Dubai has welcomed the listing of $400 million Sukuk by Saudi Arabia's Dar Al-Arkan, one of the leading real estate companies in the Middle East. Following the $400-million listing, the total value of Dar Al-Arkan’s Sukuk in …

Riyadh – Mubasher: Dar Al-Arkan Real Estate Development Company announced the closing of the seventh tranche Sukuk issuance under its US dollar denominated Sukuk Programme, with a size of SAR 1.5 billion ($400 million). The order book for the …