Dar Al Arkan approves offering 30% of Dar Al Arkan Properties

31/12/2017 09:39 AST

Dar Al Arkan Real Estate Development Company is pleased to announce the Board of Directors resolution dated 28/12/2017 to approve offering 30% of Dar Al Arkan Properties Company. Samba Capital & Investment Management Company (Sambacapital) has been appointed as a 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.

It is worth noting that Dar Al Arkan Properties Company is fully owned by Dar Al Arkan Real Estate Development Company and its main business is property management and leasing holding an income producing assets worth of SAR 2,680 million in different cities in the Kingdom. Further developments will be disclosed as soon as they become available.


Tadawul

News

Dar Al-Arkan lists $500 million sukuk on Nasdaq Dubai

02/04/2018

Yousuf Bin Abdullah Al Shelash, Chairman of Dar Al-Arkan Real Estate Development Company, one of the largest Real Estate Developers in the Middle East, today rang the market opening bell to celebrate

Gulf News

Dar Al Arkan meets bond investors for non-deal roadshow

26/02/2018

Saudi Arabian real estate developer Dar Al Arkan met fixed income investors last week for a so-called non-deal roadshow, discussions that were not linked to any specific plan for a bond issue, source

Gulf News

Dar Al Arkan starts work on $218m Dubai tower

15/01/2018

Dar Al Arkan, a leading real estate developer in the Middle East, has started work on its Dh800-million ($218 million) development - I Love Florence Tower - located on the Dubai Water Canal in the Bu

Trade Arabia

Most Viewed Companies

Ticker Price Volume
NAYIFAT 13.94 229,739
RIBL 24.84 6,676,931
ABC 0.35 370,000
DIC 2.07 2,049,713
ALRAJHI 85.00 7,711,297
A.OTHAIMMARKET 11.90 545,416
ZAINKSA 10.82 1,868,409

Valuation

DARALARKAN Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
JABALOMAR 23.00 -0.18 (-0.78%)
MCDC 120.20 1.40 (1.17%)
TAIBA 47.05 0.30 (0.64%)
EMAAREC 8.88 -0.08 (-0.90%)
CENOMICENTERS 20.24 0.00 (0.00%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap