ArabianBusiness.com - Middle East Business News
Saturday, 18 May 2024 08:47 UAE time

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Dar Al Arkan Real Estate Development Company

Main Category: Landlord and Developers
First Address : 105633
Second Address : Dar Al Arkan Building, Maazer Street
City : Riyadh
Country : Saudi Arabia
Phone: 966 1 2069888
Fax: 966 1 2069898
Email: info@alarkan.com
Website: www.alarkan.com


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Saudi's Dar al Arkan sees earnings boost from rent

Dar Al Arkan expects rent from income to gradually rise to $266.7 million this year.

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Saudi Dar Al-Arkan sees no ratings downgrade

Moody's placed on review for potential downgrade the Ba2 ratings for Saudi firm.

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Saudi's Dar al Arkan eyes similar product mix in 2010

Chairman said that there is a real demand for residential property in the country.

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Saudi's Dar al Arkan has enough cash after bond - CFO

Proceeds from sukuk to be used to finance capital expenditure during 2010.

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Dar Al Arkan issues $450m sukuk at 11% -source

Saudi real estate developer issues first Islamic bond from the region this year.

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Saudi's Dar Al Arkan raising $750m in Islamic bonds

Saudi's biggest property co by market value to raise money via Islamic bond sale.

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Saudi's Al Arkan hit by 10% profit fall in 2009

Focus on low income accommodation, with prices lower than that of other units caused fall.

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Saudi construction giant lauds positives of global downturn

Dar Al Arkan MD says economic downturn has 'positively affected' sector.

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Dar Al Arkan plans new $2bn Jeddah project

UPDATE 1: Saudi's largest developer says work on new scheme will begin in 2010.

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Saudi's Dar Al Arkan's Q1 net profit falls 6.2%

Fall in profit margins for land sales & the impact of a new accounting system weighs on co's earnings.

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Saudi’s Dar al Arkan’s Q4 net profit up 2.6%

UPDATE 1: Saudi's largest developer by market value posts lowest growth since going public.

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Dar Al-Arkan sees profit climb 4.3%

Saudi Arabia's largest real estate developer posts Q3 net income of $192mn, topping analyst forecast.

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Saudi firms unveil projects worth total of $27bn

Dar al-Arkan and Saudi Kingdom Holdings reveal mega construction schemes.

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Consolidation on the cards

In these uncertain times, investors are looking for a sign the real estate sector can adapt to the shifting global economic climate.

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Saudi 'will escape any Gulf real estate slump'

Kingdom's largest developer remains confident that property sector is still surging.

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Saudi developer Dar Al-Arkan eyes bonus share sukuk

Bonus share issue of $480mn will raise company's capital by a third.

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Dar Al-Arkan sees earnings jump 45%

Saudi's largest developer posted Q2 income of $183.3mn as property demand grew in kingdom.

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Dar Al-Arkan profit hit by extra costs

Saudi's largest developer saw Q1 profit rise 6.6%, considerably below growth in revenues.

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Saudi approves home loans company for poor

SHL will provide loans compliant with Islamic law, state news agency SPA reports.

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Investors clamour for piece of Dar Al-Arkan IPO

Saudi developer offered 81% of $888mn it is looking to raise, arranger says.

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Dar Al-Arkan valued at $8.1bn in IPO

Saudi property developer's initial public offering will be priced at $15 per share, lead manager says.

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Arkan raises sukuk sale to $1bn

Strong demand prompts Saudi property developer to raise size of its Islamic bond from $800mn to landmark $1bn.

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Dar Al Arkan lists $600m sukuk

The property developer is the first Saudi issuer to list Islamic bonds on the DIFX.

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Revealed: Gulf's most admired companies

Arabian Business has published its '50 Most Admired' list of regional companies.

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Groundbreaking Saudi Sukuk issue closes at US$600m

The first international Sukuk issue by a Saudi corporate has successfully closed at US$600m.

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