Barwa Real Estate QPSC (BRES)

Mubasher: Moody's Investors Service has withdrawn the credit ratings placed to International Bank of Qatar (IBQ), following the completion of the legal merger with Barwa Bank on 21 April 2019. Upon the merger deal, all assets and liabilities of …

Mubasher: Barwa Real Estate announced that its shareholders had approved distributing a cash dividend of QAR 2.5 per share, for the fiscal year ended 31 December 2018 during an ordinary general meeting (OGM) held on Wednesday. The Qatari firm …

Mubasher: Barwa Real Estate on Wednesday announced signing a financing deal worth QAR 800 million ($221 million) with a local bank. The seven-year agreement aims to finance part of the property firm's capital expenditures during 2019, Barwa Real …

Mubasher: Barwa Real Estate achieved an increase of 73% in profits during the fourth quarter of 2018 compared to the same period last year. Earnings soared to QAR 827 million ($229.2 million) in Q4-18 compared to QAR 478 million ($132.5 million) …

Mubasher: Barwa Real Estate on Wednesday announced signing a QAR 1.2 billion ($332 million) financing agreement with a Qatari local bank. The seven-year deal aims to finance part of the Qatari firm’s capital expenses in 2019, the company said in a …

The Qatari real estate company is expected to pay such amount in cash

Mubasher: Barwa Real Estate posted a 10% year-on-year profit drop for the third quarter of 2018. Net profits amounted to QAR 279.3 million in Q3-18, compared to QAR 310.04 million in Q3-17, according to the company’s statement to the Qatar Stock …

Mubasher: Barwa Real Estate Company on Tuesday announced that its fully owned subsidiary, BARWA Al-Sadd Company, has signed an agreement to purchase 75% of Millennium Plaza Hotel. BARWA Al-Sadd will also buy the Wellness Center located at BARWA …

Mubasher: First Finance Company (FFC), a subsidiary of Barwa Bank Group, has announced the opening of its new branch located at “Mawater City”. The new branch aims to facilitate car purchases and easy access of finance for individuals, and to be a …

Mubasher: Qatar Central Securities Depository (QCSD) on Thursday announced that it has amended non-Qatari ownership limit in Barwa Real Estate to 49%. Foreign ownership limit in the Qatar firm will reach 190.67 million shares, according to a …

Mubasher: Barwa Real Estate posted an 8% year-on-year increase in its operating revenues during the first six months of 2018, while net profits  (attributable to shareholders) fell 12%. Barwa logged a net profit of QAR 804 million during the …

Mubasher: Barwa Real Estate, a fully owned subsidiary Qatar Real Estate Investments Company “Alaqaria”, on Wednesday announced signing contract termination and discharge release for two financial leasing agreements with Qatar Petroleum (QP). The …

Mubasher: Qatar-based Barwa Real Estate Company (BRES) has announced awarding the expansion of Alkhor Workers Sports Complex to Al Bader Construction and Steel Works company at a value of QAR 105 million. The project is expected to be completed …

Mubasher: Barwa Al Sadd Co, a wholly-owned subsidiary of Barwa Real Estate Company (BRES), has signed a contract to purchase a 25% stake in Millennium Plaza Hotel and the Wellness Center at a value of QAR 167.21 million ($46 million). This deal …

Mubasher: Barwa Real Estate Company (BRES) on Thursday announced that its shareholders had approved increasing non-Qatari ownership limit to 49% instead of 25% during an extraordinary general assembly (EGA) held the previous day. The assembly also …

Mubasher: Barwa Real Estate on Wednesday announced that its board intends to increase the non-Qatari ownership limit to 49% from its current 25%. The decision came after the CEO of the Qatar Stock Exchange (QSE) Rashid Al Mansoori called on all …

Mubasher: The financial statements of Barwa Real Estate showed an 18.6% year-on-year growth for the first quarter of 2018. Profits amounted to QAR 405 million in Q1-18, compared to QAR 479 million during Q1-17, according to a filing to the Qatar …

Mubasher: Qatar National Bank (QNB) Group on Thursday announced that its research unit has initiated coverage on Barwa Real Estate Company (RBES) with a target price (TP) of QAR 39 per share instead of QAR 34.50, higher by 9.9%, for the coming 12 …

Mubasher: Barwa Real Estate Company (Barwa) on Wednesday revealed that its ordinary general meeting approved the distribution 25% of the share par value in cash dividends, with a per-share dividend of QAR 2.5, for the year ended 31 December 2017. …

Mubasher: Barwa Real Estate on Sunday announced that its profits hiked 336.4% year-on-year for the fourth quarter of 2017. Profits amounted to QAR 480 million ($131.9 million) in the final quarter of 2017, a rise from QAR 110 million ($30.2 …

Mubasher: Barwa Real Estate Company on Monday announced signing a contract to build a new labour city at QAR 1.295 billion ($352.6 million) in collaboration with INSHA Co.-W.L.L. The 12-month contract entails the construction of a labour city on …

Mubasher: Barwa Real Estate Company on Tuesday said that it has signed a 27-year leasing contract for two plots of land with total area of 1.18 million square metres with the municipality and environment ministry. The company will set up a …

Mubasher: Barwa Real Estate Company on Tuesday announced that it completed the sale of 50,110 treasury stocks, according to a bourse filing. The Qatar-based company’s capital amounted to around QAR3.89 billion divided on 389.12 million shares with …

Mubasher: Barwa Real Estate on Wednesday announced plans to sell treasury stocks owned by Qatar Real Estate Investment Company (Al Aqaria) in Barwa. The number of these treasury stocks is 50,100 stocks and represents 100% of Barwa’s treasury …

Mubasher: Barwa Real Estate Company signed a leasing contract for its project Mustawdaat in Umm Shahrain area with Mohammed Hayil Group for Trading and Contracting. The contract’s period is ten years and a half, starting from 1 October 2017, with …