Thursday 23 October 2014
 
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Barwa

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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Lusail residential units to be ready by 2017

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.   The custom-mad

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Barwa to sell project to Qatari Diar for $2bn

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

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Barwa net profit surges 27.3pc

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

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Barwa Bank wins big at IFM Awards

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

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Barwa gets top HSE certifications

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

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