London Stock Exchange celebrates Dar Global's Listing on the ESCC Category

Dar Global, the London-listed luxury real estate developer, today opened the Markets of the London Stock Exchange to celebrate Dar Global’s transfer to the Equity Shares Commercial Companies segment, a significant milestone as the first Saudi company to achieve this distinction on the London Stock Exchange. The ceremony, led by Ziad El Chaar, Chief Executive of Dar Global, was attended by senior representatives from the Company, and highlighted Dar Global’s continued commitment to global growth and innovation.

Admitted to the Main Market of the London Stock Exchange in February 2023, Dar Global is a highly differentiated international real estate business, focused predominantly on developing projects comprising of second and vacation homes for internationally mobile customers in some of the most desirable locations across the Middle East and Europe, including Saudi Arabia, Qatar, the UAE, Oman, the UK and Spain.

Ziad El Chaar, Chief Executive of Dar Global who opened the Markets, commented: “I am delighted to be here at the London Stock Exchange today along with our esteemed colleagues and guests to celebrate this important milestone for Dar Global. Today, we commemorate another first for the company and the Exchange – not only was Dar Global the first Saudi company to list on the London Stock Exchange in February 2023, but we are also the first Saudi company to transfer our listing of ordinary shares to the Equity Shares (Commercial Companies) category of the Official List of the FCA.”

“Today, we have also unveiled our new brand slogan ‘Live All In’, which embodies our unwavering commitment to crafting unparalleled global lifestyles and strategic investment opportunities, which is supported by our partnerships with iconic brands such as The Trump Organisation, Mouawad, Aston Martin, Marriott Residences and Missoni, all of which underpin our commitment to unparalleled lifestyle experiences and investment pathways across the globe.”

The Company recently announced that its continued expansion in Saudi Arabia and major joint development agreements have contributed to an increase in its gross development value (‘GDV’) to US$19 billion.