Barwa ups capital

21 November 2007
Barwa Real Estate Company is increasing its capital by 25 per cent through a rights issue.

The Qatari company has applied to the Economy & Commerce Ministry to raise its capital to QR2.5bn ($687m).

The capital will be used to finance its projects in Qatar and abroad.

The company staged a $300m initial public offering in 2005 and its shares are listed on the Doha Securities Market.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.