Friday 12 February 2016
 
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Barwa

Qatari developer Barwa inks $157m Islamic loan

Qatar's Barwa Real Estate has signed a $157.1-million sharia-compliant five-year loan, the developer said on Sunday. Barwa said it would use the money to refinance an existing Islamic financial liability but did not provide fu

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Barwa Real Estate nine-month profit surges

Qatar's Barwa Real Estate, one of the Gulf Arab state's largest listed developers, reported a huge jump in nine-month net profit on Tuesday. Barwa made a net profit of QR3.5 billion ($933.61 million) in the nine months to

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Barwa names corporate banking chief

Barwa Bank, a Shari’ah compliant service provider in Qatar, has promoted Ahmed Abdulaziz Al Emadi as the new head of corporate banking. Prior to joining Barwa in 2011, Al Emadi worked with HSBC. He holds a bachelor’s d

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Barwa unit buys Riyadh residential compound

The First Investor (TFI), the investment banking unit of Qatar-based Barwa Bank Group (BBG), said it has reached an agreement with Manazel Compounds Real Estate to acquire the SR300-million ($80 million) Radium residential compound in Riyadh, Sa

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Barwa Bank names key appointment

Barwa Bank, a Shari’ah compliant service provider in Qatar, has promoted Sheikh Abdul Rahman Bin Fahad Al Thani as the new head of government sector. Prior to joining Barwa in 2011, Sheikh Abdul had held senior roles at Qata

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Barwa inks Village expansion consultancy deal

Qatar-based Barwa Real Estate said it has signed a strategic agreement with Arab Engineering Bureau to provide consultancy and design services for its Barwa Village expansion project. This is Barwa's second collaboration with the Ar

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Barwa awards residential project contract

Barwa Real Estate Group said it has signed a QR88 million ($24.14 million) contract with Erga Qatar Architectural and Engineering Consultants to develop the second phase of its Dara residential project, which is coming up on a 147,000 sq m area

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Barwa fully acquires Lusail Golf Development

Qatari property developer Barwa Real Estate has fully acquired the Lusail Golf Development Company, a major golf and residential estate coming up on a 3.66 million sq m area in Doha, said a report. The purchase and transfer of the

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Barwa wins $206m Qatar warehouse contract

Qatar's Barwa Real Estate said it has won a QR750-million ($206 million) contract from a government company to build and operate low-cost warehouses. The 25-year arrangement was awarded by state-owned Manateq, according to a s

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Barwa inks deal to sell land plots for $1.47bn

Qatar's Barwa Real Estate has signed a deal to sell two plots of land for a combined QR5.34 billion ($1.47 billion) to an unidentified buyer, the company said on Tuesday. Barwa will deliver the first plot of land, which it is

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