Barwa Real Estate Company

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Recent Articles

• Barwa posts profit rise in first nine months22 October 2009

  Qatari developer records a nine month net profit of QR622.6m ($171.1m).

• Gulf Arab developers eye North Africa real estate8 October 2009

  In contrast to Gulf real estate, expansion in Egypt is set to continue amid downturn.

• $1.9bn Doha project ready for buyers in 20116 September 2009

  Barwa Commercial Avenue is on track for opening, while Barwa City due in Nov 2010.

• Alumco Qatar inks Barwa contract22 August 2009

  Aluminium cladding sub-contractor seals deal on Doha's Barwa Commercial Ave project.

• Barwa fails in bid to freeze Tannenbaum associate's assets19 August 2009

  Dean Rees accused of recruiting investors for alleged Ponzi scheme, including Qatar firm.

• Barwa eyes merger plans for subsidiaries13 July 2009

  Barwa looking into merger of real estate, hotels, resorts and maintenance services.

• Barwa Real Estate terminates contract with Panceltica6 July 2009

  Qatar property developer says it will now deal directly with sub-contractors.

• Barwa planning Panceltica takeover bid29 June 2009

  Qatar’s second largest developer said to be considering Panceltica Holdings takeover.

• Barwa mulls selling assets to boost H1 profit21 April 2009

  UPDATED 1: Real estate co earns $53.27m in Q1, down from $91.44m in the year-earlier period.

• Qatar Fuel plans merger with Qatar Technical8 April 2009

  Qatar Fuel board to discuss merger April 16, Ernst and Young to act as auditor.

• Barwa sees Qatar Real Estate merger in 4-6 months2 April 2009

  New firm will have total assets of QR30bn ($8.25bn), Barwa Real Estate says.

• BARWA Real Estate rides out market turmoil24 March 2009

  Board member Ali Al Hitmi says Qatar-based company realised strategic goals in 2008.

• Qatar's Barwa 2008 net profit falls 43%3 March 2009

  Real estate co's profit drops to $82.39m on loss booking on value of investment properties - paper.

• Qatar Labour City plans slated for 2011 completion29 January 2009

  Barwa plan mega project to meet demands of Qatar's expat workers.

• Qatar gov't orders Barwa, Qatar Real Estate merger19 January 2009

  Gulf Arab gas exporter sees fourth merger deal in three months; Barwa is still studying terms.

• Qatari Diar injects funds into London's Shard of Glass17 December 2008

  Tallest building in UK project next to London Bridge now looks certain to go ahead.

• QR 35bn Urjuan project launched20 November 2008

  The Urjuan project, a QR 35 billion (USD 10 billion), integrated city development was officially launched by HE Hamad Bin Jasem Bin Jabir Al Thani, Prime Minister of Qatar, early November.

• Barwa launches mixed-used project10 November 2008

  Qatari developer to build $412mn residential and retail project south of Doha International Airport.

• Barwa Al Khor launches US $10bn Qatar project8 November 2008

  Developer Barwa Al Khor will launch its flagship project, Urjuan, a US $10 billion (QAR35 billion) integrated city development in Al Khor, the company announced this week in Doha, Qatar.

• Barwa launches $10bn Qatar project2 November 2008

  Developer to build 550-hectare project to house 63,000 people in Al-Khor in partnership with Kuwait's Al-Imtiaz.

• Qatar's Barwa posts 8.3% drop in nine-month profit29 October 2008

  Real estate developer cites postponed sales of assets due to poor market conditions.

• Barwa secures $190mn loan, eyes sukuk1 July 2008

  Qatari developer to use money to fund investments and projects, exec says.

• Qatar's Barwa signs $2bn Libyan deal26 June 2008

  UPDATE 1: Qatar plans massive investment in Libyan financial services, energy, real estate sectors.

• Qatar's Barwa snaps up two Swiss hotels16 June 2008

  Qatari Diar affiliate to renovate Hotel Schweizerhof in Berne and Royal Savoy Hotel Lausann.

• Qatar readies $9.8bn EU property investment27 May 2008

  State-backed investors eyeing prime commercial properties in European centres.