Dar Al Arkan Real Estate's net profit falls 77% in H1
The Saudi real estate group also witnessed a nearly 40% decline in its revenue
TradeArabia - 25-Aug-2020The Saudi real estate group also witnessed a nearly 40% decline in its revenue
TradeArabia - 25-Aug-2020Moody's has also affirmed DAAR's B1 corporate family rating (CFR), the existing (P)B1 and B1 ratings for debt issued under the $2bln trust certificate issuance programme of Dar Al Arkan Sukuk Company and Daar's B1-PD probability of default rating (PDR).
TradeArabia - 23-Apr-2020Saudi Arabia's benchmark index gained 2.3%, with Al Rajhi Bank rising 2.3% and oil giant Saudi Aramco up 2%.
Reuters News - 25-Mar-2020Dubai-based developer will focus on building a recurring income portfolio, says its CFO Mika Toivola
Thomson Reuters Projects News - 08-Mar-2020The company, whose platform offers virtual stores for Gulf and Arab celebrities and social media influencers to sell products they endorse, is fast growing and ranks as the one of most valuable technology start ups in the region.
Reuters News - 03-Mar-2020The listing brings Dar Al-Arkan’s total Sukuk value listed on Nasdaq Dubai to $2bln
WAM (Emirates News Agency) - 26-Feb-2020The sukuk will be issued through Dar Al Arkan Sukuk Company Ltd and is guaranteed by Dar Al Arkan Real Estate Development
Reuters News - 19-Feb-2020Dar Al Arkan Real Estate Development Co has mandated banks to arrange meetings with fixed-income investors from Monday in the UAE and London
Reuters News - 16-Feb-2020Saudi Aramco ended 0.6% lower.
Reuters News - 24-Dec-2019Dar Al Arkan is the largest real estate company in Saudi Arabia and the world, with total assets of $7bln: Chairman
Saudi Gazette - 27-Nov-2019Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
Stocks | Last Price | % Change |
---|---|---|
ARRIYADH DEV | 18.480 SAR | 2.10 |
DUR HOSPITALITY | 28.750 SAR | 1.05 |
MAKKAH CONSTRUCT | 60.300 SAR | 0.50 |
TAIBA | 30.150 SAR | 0.17 |
ALAKARIA | 15.440 SAR | 1.18 |
Dollar hits fresh three-year lows against commodity-linked currencies
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