“Dar Al-Arkan”: Land inventory 35 million square meters... And two lands under white fees and development

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Dar Al Arkan announced that it has two plots of land within the fee framework in Jeddah and Riyadh, which are under development, and Yousef Al Shalash, the company's chairman, revealed that the company's land inventory is 35 million square meters, distributed between Riyadh, Jeddah, Eastern Province, Mecca and Medina, and very small numbers in small cities.

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Shalash confirmed the existence of negotiations with the Ministry of Housing to cooperate according to the proposed initiatives, hoping that they will be crowned with success and result in agreements and achievements in the current year 2017.

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He said that 2016 was difficult for the real estate sector and for everyone else as well, adding that the company's profit decline is the lowest compared to other companies in the real estate sector and the Saudi market in general: 18.0pt; font-family: 'Arial','sans-serif'; color: #222222;">.