The Doha-based Qatar Exchange failed to sustain an early momentum but successfully avoided a fall below the psychological important barrier of 7,000 points. The QE Index stood at 7,040.90 (down 0.28%) points as of the close of trading. Qatar General Insurance & Reinsurance Company ended unchanged at Qr51.00. The firm has signed this afternoon at a construction contract with Arabtech Construction LLC, to build the Trade World Center Tower which is owned by Qatar General Insurance & Reinsurance Company for a total contract value of QR520m. The QE today has also received all necessary approvals to complete the acquisition process of Qatar Real Estate Investment Company Q.S.C ("Alaqaria") by Barwa Real Estate Company Q.S.C. ("Barwa"). As a result of the finalisation of the acquisition, Alaqaria were de-listed from Qatar Exchange on Monday. Barwa shares finished 0.67% lower at QR29.80.