Dar Global Becomes First Saudi Company on London Stock Exchange's Commercial Companies Category
Dar Global Makes History on the London Stock Exchange
On September 8, 2025, Dar Global PLC achieved a momentous milestone by transferring its ordinary shares from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category of the UK Financial Conduct Authority's Official List. This landmark transition positions the company as the first Saudi Arabian and Middle Eastern entity to make such a significant move on the London Stock Exchange's Main Market.
This transition is symbolic of Dar Global's evolution from its roots in Saudi Arabia to a publicly traded international player that embodies the Kingdom's ambitions on the global stage. CEO Ziad El Chaar emphasized the importance of this step, stating that it is not only a critical advancement for Dar Global but also a significant moment for all Saudi businesses. It showcases their potential to thrive internationally while contributing to the goals set forth by Saudi Arabia's Vision 2030.
El Chaar remarked, "Dar Global is a company born in Saudi Arabia but has grown to represent the Kingdom on the world stage. This transition signifies what Saudi companies can achieve—international success while fulfilling the objectives of Vision 2030. Today, we are proof of the Saudi ambition that can set new benchmarks in global markets."
The company's move was supported by Rothschild & Co, serving as sole sponsor and financial advisor, providing global expertise and trusted advice during this landmark transition for Dar Global.
As Dar Global continues to evolve, it remains committed to showcasing Saudi innovations and achievements on international platforms, amplifying both the Saudi identity and its global outreach.
The successful transition stands as a testament to the dedication and resilience of Dar Global's team, demonstrating their commitment to operating at the highest global standards. By reinforcing their identity as a luxury real estate developer, they aim to contribute significantly to the global economy, placing Saudi Arabia prominently on the world map of real estate and investment.
This transition aligns seamlessly with the objectives of Saudi Vision 2030, which aims to foster a vibrant and diversified economy. Dar Global is poised to play a transformative role in this economic landscape, bridging local talents with global markets.
The CEO concluded by expressing confidence in the future: "As we look ahead, we are keen on leveraging this platform to create more opportunities, not just for ourselves but for the many talents within Saudi Arabia. Our journey is just beginning, and we are excited to see where it leads."
With this pioneering move, Dar Global sets the stage for further achievements as it embarks on a new chapter that promises to redefine the presence of Saudi Arabian companies abroad. This pivotal moment marks a new dawn for Saudi businesses aiming for international success, echoing the Kingdom's commitment to adapting and thriving in a dynamic global landscape.