Dar Al Arkan’s global unit plans to launch $2.5bn worth of projects to support expansion – The National

Dar Al Arkan’s global unit plans to launch $2.5bn worth of projects to support expansion – The National

Dar Global, the global unit of Saudi Arabia’s biggest developer Dar Al Arkan, aims to expand globally with a pipeline of close to $2.5 billion worth of projects planned in the next two to three years.

The company, which currently has $5 billion worth of projects under development in the UAE, Oman, Qatar, Spain, Bosnia and the UK, is planning new projects with the Trump Organisation as well as other partners as part of its growth strategy, Ziad El Chaar, chief executive of Dar Global, told The National in an interview.

The new projects will be designed for “the international market, for the international buyers, projects that we can take to our big database of international buyers, to our 4,000 brokers across the globe. They will be mainly in the form of second homes or vacation homes", he said.