Staff Report
Dubai, UAE
Dar Global, an international luxury real estate developer, revealed that it will set up its Regional Headquarters (RHQ) in Riyadh, Saudi Arabia, to manage global operations. The announcement comes after the Ministry of Investment of Saudi Arabia (MISA) approved its RHQ license.
From Riyadh, Dar Global will direct its portfolio across the United States of America, the United Kingdom, Spain, Greece, Qatar, Oman, and the United Arab Emirates, reinforcing Saudi Arabia as the strategic centre of its international expansion. The RHQ will serve as the nerve centre for overseeing the company’s global pipeline and building closer partnerships with both Saudi stakeholders and international investors.
This milestone follows Dar Global’s historic achievement as the first-ever Saudi company to transfer to the Equity Shares (Commercial Companies) category on the London Stock Exchange’s Main Market, emphasising its role as a Saudi-born champion with global credibility.
Ziad El Chaar, CEO of Dar Global, said, “Establishing our Regional Headquarters in Riyadh is a defining step for Dar Global. From here, we will manage our operations across the UK, Spain, Greece, Qatar, Oman, and the UAE — making Riyadh the command center of our global ambitions. This reflects not only our long-term commitment to Saudi Arabia and Vision 2030, but also our determination to connect the Kingdom’s unprecedented opportunities with global capital markets.”
The establishment of the RHQ follows a series of landmark transactions and partnerships in the Kingdom, including major joint development agreements in Riyadh and Jeddah. By anchoring its regional leadership in Saudi Arabia, Dar Global strengthens its ability to attract international investment, support national priorities, and create long-term value for its shareholders, partners, and clients.
Hassan Al-Duhaim, Senior Advisor to the Minister of Investment, said, “We welcome Dar Global’s decision to establish its Regional Headquarters in Riyadh”, “This reflects the Kingdom’s growing role as a hub for international business and investment and amplifies the success of the RHQ program in attracting global companies. Dar Global’s commitment supports our Vision 2030 goals of economic diversification, job creation, and building Saudi Arabia into a leading global investment destination.”
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Also read: Dar Global posts 67% GDV growth with KSA projects, expands portfolio
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