Logo ofDar Al Arkan Real Estate Development Co.
Dar Al Arkan Real Estate Development Co. was awarded on Feb. 16a real estate contract worthSAR 4.46 billion, including tax and commission, in Jeddah through a consortium established among the latter, Kenzi Arabia Trading Co., and a group of investors. 
For More Mergers and Acquisitions
In a statement to Tadawul, Dar Al Arkan pointed out that that the consortium acquired Orchid Land in the largest real estate auction in Saudi Arabia for 2025, marketed by Itqan Real Estate Co. The land is located in Jeddah over an area of one million square meters.
A positive financial impact is expected to reflect on Dar Al Arkan’s revenues during the second quarter of 2025 and the following years, the statement added, noting that any developments will be announced in due course.
Logo ofDar Al Arkan Real Estate Development Co.
Dar Al Arkan Real Estate Development Co. was awarded on Feb. 16a real estate contract worthSAR 4.46 billion, including tax and commission, in Jeddah through a consortium established among the latter, Kenzi Arabia Trading Co., and a group of investors.
For More Mergers and Acquisitions
In a statement to Tadawul, Dar Al Arkan pointed out that that the consortium acquired Orchid Land in the largest real estate auction in Saudi Arabia for 2025, marketed by Itqan Real Estate Co. The land is located in Jeddah over an area of one million square meters.
A positive financial impact is expected to reflect on Dar Al Arkan’s revenues during the second quarter of 2025 and the following years, the statement added, noting that any developments will be announced in due course.
