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FINANCIAL NEWS
Saudi’s Dar Al Arkan posts USD18.8m net profit in Q2
15 Jul 2015
(MENAFN) Saudi Arabia’s Dar Al Arkan, the real estate developer, recorded a net profit of about USD18.8 million in the second quarter of the year, marking a decrease by 42 percent, Arabian Business reported.
Arkan missed analysts’ expectations through its quarterly result, which significantly decreased from the USD32.33 million recorded in the corresponding period a year ago.
Arkan said that the decrease is attributed to lower revenues from land sales. Analysts forecast that the company would make USD39.61 million for the second quarter.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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