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DarGlobal

From Wikipedia, the free encyclopedia
DarGlobal PLC
Industry Real Estate
Founded2017; 7 years ago (2017)
Headquarters,
Key people
Ziad Elchaar (CEO)
Websitedarglobal.co.uk.

Dar Global PLC is a real estate developer headquartered in Dubai.[1]

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.[2]

Dar Global was listed on the Main Market of the London Stock Exchange on February 28, 2023.[3][4]

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.[5][2][6]

Dar Global’s leadership team includes notable figures like CEO Ziad El Chaar, CFO Shivaraman Iyer, CEO of Development Bilal Al Matarneh, and COO Redwan Zaouk.[7][8][9]

References[edit]

  1. ^ Report, Gulf News. "Dar Global strikes a profit in first results after FTSE listing, gets ready for Spanish launch". Gulf News.
  2. ^ a b "Saudi property developer Dar Global to list in London on Feb. 28". February 23, 2023 – via www.reuters.com.
  3. ^ "Saudi mega-developer Dar Al Arkan to list its Dubai-based subsidiary in London". gulfnews.com. January 2, 2023.
  4. ^ Kamel, Deena (January 2, 2023). "Saudi Arabia's Dar Al Arkan to proceed with Dubai unit IPO on London exchange in Q1 2023". The National.
  5. ^ Zargani, Luisa (August 30, 2023). "Missoni, Dar Global Partner on Residential Project in Spain".
  6. ^ Rahman, Fareed (March 23, 2023). "Dar Al Arkan's global unit plans to launch $2.5bn worth of projects to support expansion". The National.
  7. ^ https://darglobal.co.uk/old-investor-page
  8. ^ "Emirates NBD arranges Dh750 million term loan facility for Dar Global". gulfnews.com. June 1, 2023.
  9. ^ https://www.mepmiddleeast.com/projects/saudis-dar-al-arkan-and-lamborghini-partner-for-308m-spanish-luxury-project