CMA approves Al Dyar Al Arabiya’s 10% stake sale on Nomu

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The CMA’s approval is be valid for six months from the date of its board's resolution. It will be deemed cancelled if the offering and listing of the company's shares are not completed within such a period.

Al Dyar Al Arabiya is located in Jeddah. Over the last two decades, the company developed and sold more than 5,000 real estate units.

The company’s project portfolio includes Dyar Al-Haram within Masar Makkah. It comprises 2,200 units.

Shams Aldyar is a partnership between Aldyar Al Arabiya and the Ministry of Housing. It consists of 503 housing units.

Bouvardia View is another project located in Jeddah near Obhur. It spans 78,000 square meters and comprises 2,606 units.

Loloat' Aldyar offers 1,182 townhouse units.

Among the company’s projects also is Bouvardia City, which is located in the north of Jedda's airport. It is opposite to AlJawharah stadium, and comprises 107 building, 3 residential towers, consisting of 2,606 housing units: 5 models (apartment, duplexes and penthouses).

Aldyar Al Arabiya is chaired by Muammar Alatawi, with Naif Alatawi as CEO.

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