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
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
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.
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).
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.
The premium residential units being developed by Barwa Real Estate Company in the Lusail Development area, north of Doha, will be ready for occupation in the first quarter of 2017, said a report.
Qatar's struggling property developer Barwa Real Estate said on Wednesday that it was selling Barwa City project to the property arm of the country's sovereign wealth for 7.57 billion riyals ($2.08 billion).
The deal is pa
Qatar's Barwa Real Estate said on Thursday that its 2013 net profit rose 27.3 per cent, indicating that the country's largest listed developer made a significant fourth-quarter net profit.
Barwa, which agreed a $7.1 billio
Barwa Bank, a Qatar-based shari’ah compliant banking service provider, has won four awards at the International Finance Magazine (IFM) Awards 2013.
The bank was named ‘Best Islamic Bank’, ‘Fastest Growing B
Qatar-based Barwa Bank has been awarded an OHSAS18001:2007 certification for its occupational, health and safety standards.
It has also been awarded an ISO 9001:2008 certification for its quality and business excellence management