Friday 28 November 2014
 
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Barwa

Barwa Q3 net profit surges 43pc

Qatar-based Barwa Bank has registered a 43 per cent jump in its net profit for the third quarter which hit QR641 million ($176 million) compared to QR447 million ($123 million) for the same period last year. Qatar’s fastest

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Barwa acquires half of Lusail Golf development

Qatar's largest listed developer Barwa Real Estate has acquired a 50 per cent stake in Lusail Golf Development for QR2.48 billion ($681.08 million), the company said in a statement on Tuesday. The stake was purchased through B

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Barwa plans 650-retail shop mall in Doha

Barwa Real Estate Group is set to build a QR500 million ($137.1 million) mall, Alaateda, featuring as many as 650 retails shops, close to the under-construction Msheireb Downtown Doha project, according to a report. The 155,000-sq

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Barwa plans $500m mall in Doha with 650 retail shops

Barwa Real Estate Group is set to build a QR500 million ($137.1 million) mall, Alaateda, featuring as many as 650 retails shops, close to the under-construction Msheireb Downtown Doha project, according to a report. The 155,000-sq

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Barwa Real Estate's nine-month profit up 44pc

Qatari property developer Barwa Real Estate has reported a 44 per cent jump in its net profit for the first nine months which soared to QR673.4 million ($184.93 million) from QR467.4 million ($128.2 million) last year. Announcing

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Barwa to liquidate four subsidiaries

Barwa Real Estate Group,  a major developer in Qatar, said it intends to liquidate its four local subsidiaries -  Okaz Media, Barwa Technology, Lucair Real Estate and Knowledge Group. The announcement comes following a d

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Qatari developer in $697m land deal

Qatar's Barwa Real Estate says it will sell land worth QR2.54 billion ($697.4 million) to the government, marking the latest state assistance which the indebted developer has received. In exchange for a plot in Lusail City, Ba

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Barwa Bank H1 profits up 35pc

Barwa Bank Group, Qatar's fastest growing shari'ah compliant banking service provider, said its net profit rose 35 per cent to QR411 million during the first half of this year, compared with QR303 million during the same period in 2013.

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Qatari Diar to buy Barwa project for $2.5bn

Qatari property developer Barwa Real Estate said on Monday it was selling its 95 per cent stake in Barwa Commercial Avenue Company to the property arm of the country's sovereign wealth fund for QR9 billion ($2.5 billion). The

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Barwa awards housing project contract

Qatari developer Barwa Real Estate has awarded a key contract to CRC Dorra (Construction & Reconstruction Engineering Company) for the development of the second phase of its Barwa Al Baraha housing project, said a report. Barw

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