Dar Al Arkan Real Estate Development Company Reports Earnings Results for the Second Quarter Ended June 30, 2023

Dar Al Arkan Real Estate Development Company SJSC is a Saudi Arabia-based joint stock company engaged in the real estate sector. The Company operates in two segments: Sale of Developed Properties, and Leasing of Properties. The company operates through its subsidiaries which include Dar Al Arkan Properties (Real Estate) Company engaged in the development and acquisition of commercial and residential real estate; Dar Al Arkan Commercial Investment Company engaged in purchase and acquisition, leasing of real estate investments; Dar Al Arkan Sukuk Company engaged in real estate investments and development; Bawadi for Real Estate Company engaged in general construction, purchase and sale, leasing of real estate and property management; Iktifa Real Estate Company engaged in sale and purchase, acquisition, leasing of real estate and property management.