| Dar Al Arkan Real Estate Development Co said it’s in compliance with regulatory requirements and on track to meet payments, including Islamic bonds due in July.
Saudi Arabia’s second-biggest property company by market value responded to questions from Bloomberg News after a website by the name of “Dar Al Arkan in Crisis” said it had “prepared an archive of information and evidence which details a series of fraudulent actions, regulatory breaches and corporate malpractice.”..............................................Full Article: Source
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