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Alargan

Alargan

Saudi Arabia
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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Alargan International Real Estate Company was founded in 1994 in Kuwait and grew into a regional real-estate developer operating across the Middle East and North Africa with a diversified portfolio of residential, commercial, hospitality, and mixed-use developments. Its units such as Al Argan Projects (est. 2006) deliver integrated communities in Saudi Arabia including developments like Green Oasis, Suhool, and Al-Shorouk spanning hundreds of residential units, villas, and apartments.

Financial Credibility

Alargan International is publicly listed on the Kuwait Stock Exchange and reports diversified revenue streams from real-estate, contracting, and hospitality segments, indicating institutional financial backing with annual activity data available. Local subsidiaries such as Al Argan Projects also engage in strategic development partnerships and funds like the SAR 600 million residential-commercial fund with ANB Capital, suggesting ongoing financial activity.

Project Quality

While independent third-party quality evaluations are limited in open sources, Alargan and its Saudi arm have delivered large-scale integrated communities (e.g., Green Oasis) with structural guarantees and comprehensive amenities, reflecting established design and execution practices. External industry awards or independent quality certifications are not widely documented in public open sources.

Legal & Regulatory Standing

As a publicly traded company in Kuwait with regional subsidiaries, Alargan International is subject to capital market regulations and governance requirements; however, specific Saudi regulatory licensing details for its local project arms are not extensively disclosed in open sources.

Customer Experience

Publicly accessible independent customer reviews or satisfaction data relating to Alargan’s projects are limited, with most open sources focusing on corporate project descriptions and employment profiles rather than verified customer feedback.

Market Reputation

Alargan has a long history and regional presence as a MENA real-estate developer with diversified operations and publicly listed status, which supports a recognized profile in capital markets and development circles.

Innovation & Sustainability

Alargan’s corporate profile emphasizes sustainable development programs and diversified services including energy-efficient projects, though formal third-party sustainability certifications (e.g., LEED/BREEAM) for specific developments are not clearly documented in open sources.