Saturday 18 April 2015
 
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Dar Al Arkan

Dar Al Arkan Q1 net profit slumps 40.6pc

Dar Al Arkan, one of Saudi Arabia's largest property developers, has reported a 40.6 per cent fall in first-quarter net profit on Thursday, broadly in line with analysts' forecasts. Arkan made a net profit of SR147.3 milli

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Saudi land tax unlikely to hurt business: Dar Al Arkan

Dar Al Arkan Real Estate Development Company, one of Saudi Arabia's largest listed property firms, said a planned tax on undeveloped land was unlikely to be applied to its huge land bank or push the kingdom's land prices down sharply.

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Saudi Dar Al Arkan Q4 profit plunges 26pc

Dar Al Arkan, one of Saudi Arabia's largest property developers, has reported a 26.3 per cent fall in its fourth-quarter net profit, missing analyst forecasts on lower income from financial instruments. Arkan made a net profit

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Dar Al Arkan Q3 net profit plunges 51pc

Dar Al Arkan, the largest listed real estate developer in Saudi Arabia by market value, reported a 51 per cent fall in third-quarter net income on Tuesday, missing analysts' forecasts. The company made a net profit of SR89.9 m

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Dar Al Arkan lists $1.1bn sukuk in Nasdaq Dubai

Saudi Arabia-based Dar Al Arkan Real Estate Development Company has listed three sukuks totalling Dh4.22 billion ($1.1 billion) on Nasdaq Dubai.   The listings from the prominent Saudi Arabian property developer

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Dar Al Arkan lists $1.1bn sukuk in Nasdaq Dubai

Saudi Arabia-based Dar Al Arkan Real Estate Development Company has listed three sukuks totalling Dh4.22 billion ($1.1 billion) on Nasdaq Dubai.   The listings from the prominent Saudi Arabian property developer

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Dar Al Arkan raises $400m from sukuk issue

Saudi Arabia's Dar Al Arkan Real Estate Development raised $400 million through an Islamic bond, the developer said in a statement on Thursday, with strong demand for the paper helping to reduce the cost at which it borrowed.

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Dar Al Arkan Q1 profit rises 4.3pc

Saudi Arabian real estate firm Dar Al Arkan reported a 4.3 percent increase in first-quarter net profit on Thursday, beating analyst forecasts, on the back of higher sales of its developed properties. The kingdom's largest lis

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Dar Al Arkan buys back bulk of $200m sukuk

Saudi Arabia's Dar Al Arkan Real Estate Development Co said on Monday it had repurchased 87 per cent of its SR750 million ($200 million) Islamic bond due to mature in April. The purchase of SR650 million worth of the paper was

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Saudi housing sector to stay strong

The supply of housing in Saudi Arabia may lag demand for at least the next five years, creating lucrative opportunities for developers who can benefit from rapid population growth and a new mortgage law, the chairman of the kingdom's largest

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