For his part, Mr. Ziad El Chaar, the new CEO of Dar Al Arkan, expressed his pleasure for joining the company, the pioneer real estate developer in the Kingdom. Dar Al Arkan Real Estate (DAAR) (Arabic: دار الأركان) is a Saudi Arabian property development company. Through the partnership program and the terms and conditions of “Wafi,” the off-plan sales program, MOH is planning to meet the purchasing power of middle-class and low-income citizens. “I feel optimistic about the future of Dar Al Arkan, where I will devote the best of my expertise to meet the expectations of the board of directors and the shareholders as well,” said Ziad El Chaar. Dar Al Arkan official website addresses are: daralarkan.com, alarkan.com or alarkan.email. This notice is to confirm that Dar Al Arkan Real Estate Development is the legal owner of the copyrighted commercial name "Dar Al Arkan (DAAR)" as registered at the official certificate no#1437025479 issued by Ministry of Commerce and Investment, in the Kingdom of Saudi Arabia. In a statement published on the Saudi Stock Exchange (Tadawul) website, Dar Al Arkan Real Estate Development Company announced the appointment of Mr. Ziad El Chaar as Chief Executive Officer of the company as of June 1, 2017. Eissa Al-Essa, the CEO of Samba, said the weeklong Dar Al-Arkan IPO, offering 59.45 million shares worth SR3.33 billion, drew huge response from Saudi investors. Moreover, the company is operating in a promising and vibrant market that is marked by a growing demand for real estates, particularly the residential products. The company also announced that Kelvin Kwok has been appointed new chief executive officer (CEO) of the company, effective 1 September, 2018. Dar Al-Arkan Real Estate Development appointed Ziad El Chaar as Chief Executive Officer as of June 1, 2017. Mr. El Chaar’s professional background corresponds with the company’s current directions to pursue a real-estate development strategy that contributes to the growth of profitability, the enhancement of financial position, the achievement of high returns on company’s assets plus sustainable revenues. Real estate investments to enrich life today and reward you tomorrow. Kelvin Kwok will replace Ziad El Chaar, who resigned from his post due to personal reasons, the company said in a statement […] Investor sentiment is recovering for Saudi real estate and the long-term housing demand is back in force, Anand Raheja, CEO of Dar Al Arkan Real Estate Development Co. told Bloomberg in an interview. Retail properties will make up over half of the estimated SAR2.6 billion ($715 million) asset base of Dar Al-Arkan Properties, which is expected to be listed on Tadawul this year, Zawya reported, citing Dar Al-Arkan Real Estate Development’s CEO Ziad El Chaar. “The company holds sufficient capabilities to seize the currently available opportunities to start a range of new projects, considering the low cost of building and construction materials, and the increasing demand for housing projects. You must have JavaScript enabled to use this form. His impressive track record includes many real estate achievements and successes, both in the residential communities, commercial, hospitality, and retail complexes, and in the mixed use sector in the Middle East. Anand Raheja, CEO of Dar Al Arkan Real Estate Development Co., on Saudi Arabian Property Market - Bloomberg Anand Raheja, chief executive officer of Dar Al Arkan … DAR AL-ARKAN REAL ESTATE DEVELOPMENT COMPANY is located in Riyadh, Saudi Arabia and is part of the Real Estate Industry. It is worth mentioning that Mr. Ziad holds a Master's degree in Business Administration from the American University in Beirut. Dar Al Arkan has no other websites. "Utilizing the experience of foreign CEOs with a high professional profile has been a recurring phenomenon in many countries and yielded impressive results even in developed countries. Based in Riyadh, Dar Al Arkan is the largest listed real estate company in the Saudi stock market with a capital of SAR 10.8 billion ($2.88 billion) and total assets close to SAR 25 billion ($6.6 billion). Strategic Planning, project management, Human capital management solutions, CRM etc. Today, Saudi Ministry of Housing (MOH) is mainly counting on developers to realize the desired balance between the supply and demand for the housing products. Expert in process flow management and workflow solutions, Manage end-to-end importing security products from different countries. Kelvin Kwok will replace Ziad El Chaar, who resigned from his post due to personal reasons Saudi Arabia’s largest listed developer Dar Al Arkan announced the appointment of a new CEO on Wednesday. “More than 1.99 million. Ziad El Chaar is Appointed as CEO of Dar Al Arkan, 800 123 3333, 800 301 0033, +966 55 200 6556. This notice is to confirm that Dar Al Arkan Real Estate Development is the legal owner of the copyrighted commercial name "Dar Al Arkan (DAAR)" as registered at the official certificate no#1437025479 issued by Ministry of Commerce and Investment, in the Kingdom of Saudi Arabia. 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