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DBS to Buy Riyadh Units

DBS to Buy Riyadh Units

Dar Al-Balad Business Solutions Company (“DBS”) announced that it had purchased office units in an under-construction project in Riyadh’s Al Mohammadiyah district. The units cover 925.14 square meters and are valued at SAR 19.43 million, under an agreement signed with Liwan Real Estate Development Company on November 10, 2026. DBS will use the units as its headquarters to support its expansion. The company opted to buy rather than lease amid rising office rents, and will finance the transaction from its own resources.

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