Wednesday 1 July 2015
 
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Barwa Real Estate

Barwa Q1 profit surges to $879m

Barwa Real Estate, one of Qatar's largest listed developers, posted a huge jump in first-quarter net profit on Wednesday. Barwa made a net profit of QR3.2 billion ($879.10 million) in the three months to March 31, up from QR26

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Barwa Q4 net profit doubles to $585m

Barwa Real Estate, Qatar's largest listed developer, has reported a more than doubling of its fourth-quarter net profit, as well as an improved dividend payout for the full year. The company, a unit of the sovereign wealth fun

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Barwa to start work on labour accommodation

Qatar's Barwa Real Estate is set to start work on the second phase of its Al Baraha housing project, which will accommodate as many as 24,000 workers, said a report. Barwa Al Baraha is being constructed in two phases over 1.8

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Barwa Real Estate selling bank stake for $656m

Qatar's Barwa Real Estate (BRE) said on Monday it had agreed to sell its 37.34 percent stake in unlisted Barwa Bank for 2.39 billion riyals ($656 million). The deal, which still requires government approval, is part of an exis

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Barwa Real Estate selling bank stake for $656m

Qatar's Barwa Real Estate (BRE) said on Monday it had agreed to sell its 37.34 percent stake in unlisted Barwa Bank for 2.39 billion riyals ($656 million). The deal, which still requires government approval, is part of an exis

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Barwa inks dividend payment deal with QNB

Qatar-based Barwa Real Estate has signed an agreement with Qatar National Bank (QNB) for distribution of dividends to its shareholders. As per the agreement, QNB will distribute, via cheques or bank transfers, cash dividends to B

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Barwa to build Qatar Petroleum headquarters

Barwa Real Estate, the leading property development company, has signed a framework agreement to build Qatar Petroleum's (QP) headquarters. Barwa Financial District (BFD) will develop its iconic project to beco

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Qatar's Barwa to sell more assets in 2010, 2011

Qatar's Barwa Real Estate said on Tuesday it will continue to sell assets in 2010 and 2011 to meet its obligations after it repaid QR4.3 billion ($1.18 billion) in Islamic financial facilities. The developer, an affiliate of the countr

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$10bn Qatar project on track

Barwa Al Khor, a subsidiary of Barwa Real Estate and a leading Qatari developer, has expressed its confidence on the success of its QR35 billion ($10 billion) Urjuan development project. Ghanem bin Saad Al Saad, chairman and managing direc

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Qatar's Barwa launches fodder farm

Qatar has launched a mega farm to help ease its shortage of green fodder for animals such as sheep. A subsidiary of Qatar's Barwa Real Estate has launched a 14 million sqm farm project in a bid to make the country self sufficient in an

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