Press Releases

Following the semi- annual index review of Dar Al Arkan’s stocks in November 2017, Morgan Stanley Capital International (MSCI) included the share of Dar Al Arkan Real Estate Development Company, the largest listed real estate company in the Kingdom, in the MSCI Emerging Markets Index (MSCI’s EM Index) of Saudi stocks.

Based on his distinguished career and extensive experience in the fields of real estate and finance , Ziad El Chaar is appointed as the Chief Executive Officer of the company, as of June 1, 2017.

The conference brought together an elite group of specialists and those interested in this field, to address the the rising need in KSA’s housing sector.

The launch of Parisiana Living villas comes in line with the demand to provide housing solutions in the Kingdom's real estate market, with high-quality, ready-made housing units.

Located within the borders of the Prophet's Mosque in Medina, close to the Darb Al Sunnah walkways and the Masjid Quba, the Naeem El Jiwar project features residential villas and commercial land plots.

Dr.Abdulrehman Hamad Al-Harkan has resigned from his position as Chief Executive Officer and Board Member of the company.

The units of Parisiana South project are ready to be delivered and invested in immediately. The units are expected to attract high returns, owing to its strategic location.

This listing provides strong support for Dar Al Arkan’s capital-raising strategy, as it prepares for further property development-activities across Saudi Arabia, including commercial real estate and integrated residential communities.

Yousef Bin Abdullah Al Shelash, Chairman of Dar Al Arkan Real Estate Development Company, said that the company is encouraging Saudization at its firm.