Sun 26 Sep 2010 07:52 AM
Yusef Al Khater
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Yusef Al Khater

Industry: Real Estate

Designation: The recent big news from Barwa is that it has delayed its $8.25bn Al Khor project due to sluggish market conditions, an announcement that dwarfed its respectable H1 results.

Country: Qatar

Occupation: The recent big news from Barwa is that it has delayed its $8.25bn Al Khor project due to sluggish market conditions, an announcement that dwarfed its respectable H1 results.

$124,455

Barwa Real Estate

Qatar

The recent big news from Barwa is that it has delayed its $8.25bn Al Khor project due to sluggish market conditions, an announcement that dwarfed its respectable H1 results. Qatar's second largest developer by market capitalization posted a 33 percent rise in first-half profits; impressive, in the wake of real estate correction that has shook the Gulf.

Under the stewardship of Yusef Al Khater, group CEO of Barwa, the firm's 1,100 employees have also risen to the challenges of a tough market. Each brought in a comfortable $124,455.