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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Performance

Qatar developer Barwa’s ‘09 earnings surge 154 pct

Posted on 16 March 2010

From Reuters: Qatar’s Barwa Real Estate Co’s net profit rose 154 percent in 2009, the company said. Barwa, an affiliate of the country’s sovereign wealth fund, did not give a quarterly breakdown of its earnings.
The group’s net profit rose to 779 million riyals ($214.1 million) riyals from 306 million riyals in 2008, a company statement said……………………………………..Full Article: Source

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