Dar Al Arkan has signs agreement with the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, Majid Al Futtaim, to open VOX Cinemas multiplex in Saudi Arabia.
The first branch will be in operation at the company headquarters. The company's new business focuses on providing real estate brokerage services, to avail of promising opportunities in the Saudi real estate market.
The exhibition’s purpose was to deliver completed housing units for forty five thousand investors in the cities of Riyadh and Al-Kharj, through the effective collaboration of real estate developers, with various banks in KSA.
This project is Dar Al Arkan’s first global operation outside the Kingdom of Saudi Arabia. The I Love Florence Tower enjoys spectacular water-view of the Dubai Canal, and provides residents the advantage of easy access to various popular lifestyle destinations.
Samba Capital & Investment Management Company has been appointed as financial advisor for this initial public offering (IPO). The company plans to file the offering application to the Capital Market Authority to obtain the approvals.