DarGlobal
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| Industry | Real Estate |
|---|---|
| Founded | 2017 |
| Headquarters | , |
Key people | Ziad Elchaar (CEO) |
| Website | darglobal |
Dar Global PLC is a real estate developer headquartered in Dubai and is a publicly listed company in the London Stock Exchange.[1][4][5] Dar Global, started trading on the London Stock Exchange (LSE) on February 28, and was the first Saudi company to list on the main market of the London stock exchange.[1][6][7]
History
[edit]Dar Global was originally established to develop the assets of Dar Al Arkan Real Estate Development PJSC (DAARE), a real estate developer in KSA.[8]
Dar Global was listed on the Main Market of the London Stock Exchange on February 28, 2023.[9]
Dar Global has delivered a compounded 500,000 square meters of commercial space and over 15,300 residential units, with assets valued at US$8.6 billion as of March 2023.[10]
References
[edit]- ^ a b c Lipton, Eric (July 1, 2024). "Trump Organization Signs Up to Put Its Brand on a New Saudi Tower". The New York Times – via NYTimes.com.
- ^ "Saudi's Dar Global plans to invest $300 million in USA - ET RealEstate". ETRealty.com.
- ^ Sharma, Alkesh. "Dar Global to partner with Aston Martin on $250m beachfront project in Ras Al Khaimah". The National.
- ^ Report, Gulf News (2 May 2023). "Dar Global strikes a profit in first results after FTSE listing, gets ready for Spanish launch". Gulf News.
- ^ "UAE branded residences: Aston Martin, Dar Global reveal new $250mn residential real estate project in Ras Al Khaimah - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. April 22, 2024.
- ^ Halligan, Neil. "Dar Global reveals Trump Villas design for Muscat resort and golf course". The National.
- ^ "Dar Global announces record $361m revenues - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. March 1, 2024.
- ^ "Saudi property developer Dar Global to list in London on Feb. 28". February 23, 2023 – via www.reuters.com.
- ^ "Saudi mega-developer Dar Al Arkan to list its Dubai-based subsidiary in London". gulfnews.com. January 2, 2023.
- ^ Zargani, Luisa (August 30, 2023). "Missoni, Dar Global Partner on Residential Project in Spain".