Wikipedia

DarGlobal

Dar Global PLC is a real estate developer headquartered in Dubai and is a publicly listed company in the London stock exchange.[1][4][5] Dar Global, started trading on the London Stock Exchange (LSE) on February 28, and was the first Saudi company to list on the main market of the London stock exchange.[1][6][7]

DarGlobal PLC[1][2]
Industry Real Estate
Founded2017; 7 years ago (2017)
Headquarters
Dubai
,
UAE
Key people
Ziad Elchaar (CEO)
Websitedarglobal.co.uk.[3]

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.[8][9][10][11][12][13]

Dar Global was listed on the Main Market of the London Stock Exchange on February 28, 2023.[14][15][16][17][18]

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.[19][8][20][21][22][23][24][25][26]

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.[27][28][29][30][31][32][33]

References

edit
  1. ^ a b c Lipton, Eric (July 1, 2024). "Trump Organization Signs Up to Put Its Brand on a New Saudi Tower". The New York Times – via NYTimes.com.
  2. ^ "Saudi's Dar Global plans to invest $300 million in USA - ET RealEstate". ETRealty.com.
  3. ^ Sharma, Alkesh. "Dar Global to partner with Aston Martin on $250m beachfront project in Ras Al Khaimah". The National.
  4. ^ Report, Gulf News (2 May 2023). "Dar Global strikes a profit in first results after FTSE listing, gets ready for Spanish launch". Gulf News.
  5. ^ "UAE branded residences: Aston Martin, Dar Global reveal new $250mn residential real estate project in Ras Al Khaimah - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. April 22, 2024.
  6. ^ Halligan, Neil. "Dar Global reveals Trump Villas design for Muscat resort and golf course". The National.
  7. ^ "Dar Global announces record $361m revenues - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. March 1, 2024.
  8. ^ a b "Saudi property developer Dar Global to list in London on Feb. 28". February 23, 2023 – via www.reuters.com.
  9. ^ "DAR GLOBAL STRENGTHENS ONGOING RELATIONSHIP WITH THE TRUMP ORGANIZATION BY ANNOUNCING SECOND COLLABORATION AND FUTURE LAUNCH OF TRUMP TOWER JEDDAH, SAUDI ARABIA". AsiaOne. July 1, 2024.
  10. ^ "Dar Global, Aston Martin launch new residential project in Ras Al Khaimah". ArgaamPlus.
  11. ^ "Dar global sets a new benchmark in luxury hospitality with the launch of the $500 million trump international Oman in Aida | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN". www.newsofbahrain.com.
  12. ^ "Saudi real estate: Dar Global announces plans for Trump Tower in Jeddah - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. July 1, 2024.
  13. ^ "The Trump Organization enters Saudi market with new high-rise tower - Hotelier Middle East". Hotelier Middle East. 3 July 2024.
  14. ^ "Saudi mega-developer Dar Al Arkan to list its Dubai-based subsidiary in London". gulfnews.com. January 2, 2023.
  15. ^ 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.
  16. ^ "Dar Global inks new partnership with Aston Martin". gulfnews.com. April 22, 2024.
  17. ^ Singh, Marisha (June 20, 2024). "The Astera: Dar Global, Aston Martin reveal what goes into the making of a star".
  18. ^ Singh, Marisha (June 26, 2024). "Dar Global ties up with Trump Organisation for luxury resort in Oman".
  19. ^ Zargani, Luisa (August 30, 2023). "Missoni, Dar Global Partner on Residential Project in Spain".
  20. ^ Rahman, Fareed (March 23, 2023). "Dar Al Arkan's global unit plans to launch $2.5bn worth of projects to support expansion". The National.
  21. ^ "Luxury developer Dar Global is getting ready for its first launch in Saudi Arabia". gulfnews.com. June 4, 2024.
  22. ^ Release, Press. "Dar Global announces partnership with Aston Martin to deliver stunning beachfront residences in Ras Al Khaimah, United Arab Emirates". www.zawya.com.
  23. ^ Writer, Staff; Projects, Zawya. "Dar Global awards $61mln worth of construction contracts for its AIDA project in Oman". www.zawya.com.
  24. ^ "Dar Global introduces stunning beach residence The Astera, Interiors by Aston Martin | Aston Martin". www.astonmartin.com.
  25. ^ Rahman, Fareed. "Dar Al Arkan's global unit aims to acquire US property in expansion push". The National.
  26. ^ Singh, Marisha (June 28, 2024). "Saudi developer Dar Global eyes $300m investment US expansion".
  27. ^ "Investor Relations – DarGlobal".
  28. ^ "Emirates NBD arranges Dh750 million term loan facility for Dar Global". gulfnews.com. June 1, 2023.
  29. ^ "Saudi's Dar al Arkan and Lamborghini Partner for $308m Spanish Luxury Project - MEP Middle East". Mep Middle East. 21 June 2023.
  30. ^ Talaat, Nayrouz (July 3, 2024). "LSE-listed Dar Global to Introduce Trump Tower to Jeddah Skyline".
  31. ^ "AIDA Project Reaches New Heights with Trump International Oman by Dar Global - Travel And Tour World". June 26, 2024.
  32. ^ Singh, Marisha (July 2, 2024). "Trump Tower in Jeddah: Dar Global announces Saudi project".
  33. ^ "Dar Global brings Trump Tower to Jeddah". gulfnews.com. July 2, 2024.
Retrieved from "https://en.wikipedia.org/w/index.php?title=DarGlobal&oldid=1238124003"