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Dar Al Arkan to Tasi this month

Saudi Arabian real estate firm Dar Al Arkan will float its shares on the Tadawul All Share Index (Tasi) on December 29, following its recent initial public offering (IPO), reported Reuters. Its $888m IPO was more than three times oversubscribed when it closed on December 8. Saudi's market regulator said the shares will trade without a ceiling or floor on their first day on the bourse.