Dar Al Arkan, the Saudi real estate company, has access to one of the most lucrative property markets in the region – but it has spent much of this year scrambling to convince investors it can pay back its debts.
Under fire from a group of unhappy shareholders who mobilised online, the company has taken the step – rare in the Gulf – of making public the details of its plans to pay back a $1bn bond and show it is on a firm footing.
No comments:
Post a Comment