#19 Yousef Bin Abdullah Al Shelash, Chairman of Dar Al Arkan
The annual list of the Middle East’s Top 60 most prominent contractors, real estate developers, consultants, facilities management companies features more than 11 new entries from across the region, putting in the spotlight the current improving outlook of the sector. These new entries have altered the entire corporate dynamics of the Power Hour 2019.
19. Yousef Bin Abdullah Al Shelash, Chairman of Dar Al Arkan
Based in Riyadh (KSA), Dar Al Arkan is a public shareholding company listed on the Saudi Stock Exchange (Tadawul). With SR10.8 billion in capital and SR26 billion in assets, we are one of the leading real estate companies in the Middle East.
Since 1994, Dar Al Arkan has had a significant influence on the real estate development sector in Saudi Arabia. The company has invested in innovative residential solutions, which resulted in the development of 15,000 housing units and 500,000 sq.m of luxury retail space.
By collaborating with experts from around the world, Dar Al Arkan achieved international success, becoming the largest real estate developer in Saudi Arabia.
While Dar Al Arkan runs diverse operations, real estate development remains the focus of its business. The company has succeeded in establishing new standards for commercial, residential and mixed-use projects; designed for a progressive lifestyle and delivered on time while following the best international standards in construction and maintenance.
In statement on the company’s website the chairman said: “Since our beginning, Dar Al Arkan has a proven track record in the industry, with many a milestone achievement that we take pride in.”