Barwa Bank, a leading Shariah compliant bank in Qatar, recorded a net profit of QR738.8 million ($202.89 million) for 2016. Earnings per share rose to QR2.49, the bank said.
The financing portfolio increased by 4.5 per cent from last ye
Qatar-based Barwa Real Estate company said it has signed a new facility agreement with Qatar International Islamic Bank (QIIB) worth QR600 million ($165 million).
The move is aimed at securing finance for a part of its upcoming pr
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
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
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
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
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
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
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
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