Wednesday 24 August 2016
 
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Barwa

Qatar's Barwa makes $175m land purchase in Saudi Arabia

Qatar's Barwa Real Estate, one of the Gulf Arab state's largest listed developers, said on Monday it had bought a vacant plot of land in Riyadh, Saudi Arabia, for SR659.28 million ($175.8 million). It did not give the name

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Barwa plans 12,000 housing units by 2020

Qatar-based Barwa Real Estate Group plans to complete the work on 12,000 residential units within the next four years in line with its commitment to provide homes to citizens at reasonable rents, said a report. Barwa, which has an

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Barwa plans several new projects in 2016

Qatar-based Barwa Real Estate Company plans to develop several new projects this year including a 350-unit residential project and a workers accommodation besides readying the masterplan for a 3.6 million-sq-m golf city in capital Doha, said a r

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Barwa Bank names new group COO

Barwa Bank, Qatar’s most progressive Shari’ah-compliant services provider, has appointed Nasser Rashid Al-Humaidi as the group’s chief operating officer (GCOO). Al-Humaidi, who will be directly reporting to the A

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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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