14.08.2009 - Barwa to start $9 bln Cairo project in Q1 2010
From Reuters: The Egyptian unit of Qatar's Barwa Real Estate, an affiliate of the state-owned Qatar Investment Authority's $40 billion property wing Qatari Diar, will begin building a $9 billion Cairo project in the first quarter of 2010 to tap strong demand for residential property in the north African country. Real estate and construction firms in the Gulf Arab region, especially in the United Arab Emirates, are increasingly looking at opportunities in the most populous Arab country, to help weather a downturn in their home markets.............Full Article: Source
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