Dar Al-Arkan is considering the possibility of listing his real estate company in the United Arab Emirates in one of the international financial markets

The board of directors of the Dar Al-Arkan real estate development firm “Dar Al-Arkan” is currently investigating various strategic and financial market options for the international real estate development company “Dar Al-Arkan”, based in Dubai.

The company said in a statement on “Saudi Tadawul” today, Sunday, that these options include the listing of its shares in one of the international financial markets.

He added that any developments related to this issue will be announced as they occur.

Dar Al-Arkan Real Estate Development Company’s net profit increased by 312.6% in the second quarter of 2022, to reach approximately 92.58 million riyals, after zakat and taxes, compared to 22.44 million riyals in second quarter of 2021.

During the first half of 2022, Dar Al-Arkan’s net profit increased by 515.4% to about 313.6 million riyals, after zakat and taxes, compared to about 50.96 million riyals in the first half of the year. 2021.

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