11.09.2012 - Barwa Bank extends Islamic banking facilities to Al Meera
Al Meera Consumer Goods Company announced that Barwa Bank has extended the Company Islamic banking facilities amounting to QR 900 Million. Al Meera said in a statement posted on Qatar Exchange that the facilities will be used to repay all existing bank debts in full, and to finance future expansion and acquisition plans of the Company and its Subsidiaries. Al Meera Consumer Goods and its subsidiaries said on Sunday they incorporated futuristic mall strategy as part of its aggressive domestic expansion plan this year. “To facilitate our future expansion plans in the country, we are going for shopping mall concept which might be differentiated into two types: community and neighbourhood ones,” said Al Meera Consumer Goods deputy CEO Mohamed al-Qahtani...............................................Full Article: Source
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