‎Dar Global to launch 2 projects worth SAR 38B in Saudi: CEO

‎Dar Global to launch 2 projects worth SAR 38B in Saudi: CEO ‎Dar Global to launch 2 projects worth SAR 38B in Saudi: CEO

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Ziad El ChaarCEO ofDar Global Real Estate Co.

LSE-listed Dar Global Real Estate Co. is preparing today and tomorrow to launch two projects in Saudi Arabia with a total value of SAR 38 billion, said CEO Ziad El Chaar, in an interview withArgaam.
The projects will be financed through the company’s portfolio, in addition to cooperation with its parent company, Dar Al Arkan Real Estate Co., and a number of local and regional banks. Part of the financing will also come from off-plan sales, leveraging future customer payments, he added.

 

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Ziad El ChaarCEO ofDar Global Real Estate Co.

LSE-listed Dar Global Real Estate Co. is preparing today and tomorrow to launch two projects in Saudi Arabia with a total value of SAR 38 billion, said CEO Ziad El Chaar, in an interview withArgaam.
The projects will be financed through the company’s portfolio, in addition to cooperation with its parent company, Dar Al Arkan Real Estate Co., and a number of local and regional banks. Part of the financing will also come from off-plan sales, leveraging future customer payments, he added.
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