Dar Global Becomes First Saudi Firm to Transition to London Stock Exchange's Commercial Category

Dar Global's Historic Achievement on the London Stock Exchange

In a groundbreaking move, Dar Global PLC, a prominent international luxury real estate developer from Saudi Arabia, has successfully transitioned its ordinary shares to the Commercial Companies category on the Official List of the UK Financial Conduct Authority (FCA). This significant milestone was officially effective as of 8 AM BST on September 8, 2025, and it signifies a remarkable achievement not just for the company but for the entire Saudi Arabian business community.

This transition sets a precedent as Dar Global becomes the first Saudi company, and notably the first from the Middle East, to make such a shift on the London Stock Exchange's Main Market. The transition reflects more than just a technical adjustment; it represents the culmination of Dar Global’s journey from its Saudi roots to becoming a publicly traded champion on the global stage. It aligns with Saudi Arabia's Vision 2030, showcasing the nation's capacity to foster local businesses that meet the highest international standards while contributing to the global economy.

Ziad El Chaar, the CEO of Dar Global, expressed pride in this achievement, stating, "Dar Global was born in Saudi Arabia and has evolved into a company that represents the Kingdom on the international stage. This transition marks a historic moment, not only for our company but for Saudi businesses as a whole, demonstrating that they can thrive internationally while advancing our Vision 2030 goals. Today, we are proof that Saudi ambition can set new standards in global markets."

The backing of Rothschild & Co as the sole sponsor and financial advisor further highlighted the importance of this move. With their global expertise and trusted guidance, Rothschild & Co played a crucial role in supporting this historic achievement, emphasizing the significance of the transition for Dar Global's future endeavors.

As Dar Global continues to expand its horizons, the organization remains committed to infusing Saudi innovation, ambition, and excellence into international markets. The successful transition not only reinforces its Saudi identity but also broadens its global reach, illustrating the Kingdom's potential to nurture significant corporate players capable of competing on the world stage.

This transition to the London Stock Exchange's Commercial Companies category is seen as a testament to the evolving landscape of Saudi businesses, as they gain recognition and operate under international benchmarks. As Dar Global embarks on this new chapter, it stands as a beacon of Saudi success, promoting the Kingdom's vision for economic diversification and international investment.

In an era where global collaboration and investment are more critical than ever, Dar Global exemplifies the ambitious spirit of Saudi Arabia, paving the way for future enterprises to follow suit. As the company moves forward, it remains focused on its mission to redefine luxury real estate while contributing to the Kingdom's aspirations of becoming a leading player in the global economy.

With plans for further developments and projects in the pipeline, the journey of Dar Global is just beginning, and the implications of its recent transition will certainly be felt across the industry and beyond. Stay tuned for what’s next from this trailblazing Saudi enterprise, as it continues to innovate and inspire on the world stage.