Founded in 1994, Dar Al Arkan operates across Saudi Arabia, the U.A.E., Oman, Qatar, the U.K., Spain, and Bosnia and Herzegovina. In 2024, the value of its investment and development properties reached $5.9 billion. The company also secured assets through strategic land acquisitions worth $640 million. In February 2025, the company acquired the one-million-square-meter Orchid Land in Jeddah for $1.2 billion through an alliance with a group of investors. The company’s revenue grew by 38.9% in 2024 to $1 billion.