Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company on Sunday announced that its board of directors has approved the appointment of Ziad Elchaar as CEO as of 1 June 2017, according to a bourse filing.

Alchaar previously held the position of managing director at Dubai-based DAMAC Properties.

He has over 16 years of experience and has worked on a large number of projects in the Middle East, from residential complexes to commercial, hospitality and retail complexes along with mixed-use projects.