#Saudi Arabia #London #United Kingdom #London Stock Exchange #Dar Global

Dar Global's Journey to the London Stock Exchange

Dar Global PLC, a prominent Saudi Arabian developer of luxury real estate, has officially transitioned its ordinary shares from the 'Transition Shares' category to the 'Commercial Companies' category on the London Stock Exchange (LSE). This significant milestone was executed at 08:00 BST on September 8, 2025, marking Dar Global as the first Saudi and Middle Eastern company to accomplish such a transition in the primary market of the LSE.

This historic transition signifies more than just a technical change; it embodies Dar Global's evolution from a Saudi company to an internationally recognized leader in luxury real estate, carrying the Kingdom's ambitions into global markets. Aligned with Saudi Arabia's Vision 2030 goals, this achievement underscores the country's capacity to nurture local businesses that function at the highest international standards and contribute to the global economy.

Ziad El Chaar, CEO of Dar Global, expressed pride in this landmark achievement, stating, "Dar Global was born in Saudi Arabia and has now become a company that represents the Kingdom on the international stage. This transition is a historic milestone not only for our company but also for Saudi businesses, demonstrating that they can achieve international success while contributing to the Vision 2030 objectives. Today, we stand as proof that Saudi ambition can set new standards in global markets."

The transition was expertly managed with the assistance of Rothschild & Co., who acted as the sole sponsor and financial advisor throughout this process. Their global expertise and trusted guidance were pivotal in supporting the successful execution of this historic milestone.

As Dar Global moves forward, it remains committed to its mission of bringing Saudi innovation, ambition, and excellence to international markets, reinforcing its Saudi identity while expanding its global reach. This transition not only signals a new chapter for Dar Global but also positions the Saudi company as a beacon of success in the competitive international arena, inspiring other Saudi enterprises to aim high and reach global markets.

In conclusion, the pathway for Saudi Arabian companies to achieve international recognition has been less beaten, but Dar Global's recent accomplishment sets a precedent and serves as a testament to the potential that exists within the nation. The ambition of Saudi enterprises can indeed redefine their markets and contribute significantly to global economic dynamics, in line with the ever-evolving landscape of international business.

As Dar Global ventures into this new phase, the eyes of the investment world are keenly watching, marking its journey and eager for what lies ahead for this trailblazing company.