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Barwa City enters deal with Qatari Diar Finance

Posted on 12 July 2010

From Constructionweekonline.com: Barwa Real Estate Company’s vehicle for its Barwa City development is to enter into a Shariah-compliant property purchase deal with Qatari Diar Finance.

The deal between Barwa City Real Estate Company and the Qatari Real Estate subsidiary will also extend to real estate projects undertaken by Barwa Financial District WLL and Barwa Commercial Avenue Company WLL, providing capital and discharging liabilities previously incurred in connection with those projects, according to Ghanim Al Saad, Barwa Real Estate Company chairman and managing director and Qatari Diar Real Estate Investment company managing director…………………………………..Full Article: Source

 
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