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London, United Kingdom / Riyadh, Saudi Arabia – September 10, 2025 - Dar Global PLC, a Saudi-born international luxury real estate developer, has achieved a historic milestone by completing the transfer of its ordinary shares from the Equity Shares (Transition) category to the Equity Shares (Commercial Companies) category on the Official List of the UK Financial Conduct Authority (FCA).
The transfer became effective at 08:00 BST on September 8, 2025, making Dar Global the first Saudi Arabian company, and the first company from the wider Middle East region to complete such a transition on the London Stock Exchange’s (LSE) Main Market.
This move goes beyond a technical reclassification and reflects Dar Global’s evolution from a Saudi startup to a global luxury real estate leader. It highlights the company’s maturity and its alignment with Saudi Arabia’s Vision 2030, which seeks to diversify the Kingdom’s economy and expand its global footprint.
The transition showcases the ability of Saudi-born enterprises to meet the highest international standards while competing on the world stage, ultimately contributing to both local and global economies.
“Dar Global was born in Saudi Arabia and has grown into a company that represents the Kingdom on the world stage,” said Ziad El Chaar, CEO of Dar Global. “This transition is a landmark moment, not just for our company but for Saudi enterprises, showing they can thrive internationally while advancing the goals of Vision 2030. Today, we stand as proof that Saudi ambition can set new standards in global markets.”
Dar Global confirmed that Rothschild & Co acted as the company’s sole sponsor and financial adviser for this transition.
Rothschild & Co’s involvement brought global expertise and trusted advisory support, helping Dar Global navigate the complex requirements of the London Stock Exchange and ensuring the success of this historic move.
Dar Global’s listing journey mirrors the Kingdom’s broader ambitions under Vision 2030, which emphasizes:
This transition not only strengthens Dar Global’s reputation internationally but also reinforces the growing presence of Saudi Arabia on the global economic stage.
Dar Global has consistently focused on luxury real estate development, with a portfolio that spans high-profile projects in Europe, the Middle East, and beyond.
By advancing its listing status on the London Stock Exchange, the company gains greater visibility, enhanced credibility, and improved access to global investors.
The milestone signals Dar Global’s commitment to bridging Saudi innovation with international markets, bringing together cultural heritage, ambition, and excellence in real estate.
This achievement is symbolic of the Kingdom’s transformation journey, serving as a model for other Saudi and regional companies seeking to expand internationally.
As the first Saudi Arabian company to secure this position on the LSE’s Main Market, Dar Global has opened the door for future regional enterprises to follow its path, setting a precedent for cross-border growth and capital market integration.
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