Barwa Real Es­tate wins 600m riyal fi­nanc­ing

Kuwait Times - - BUSINESS -

DUBAI: Qatar’s Barwa Real Es­tate, one of the Gulf Arab state’s largest listed de­vel­op­ers, said yes­ter­day it had se­cured a 600 mil­lion riyal ($164.8 mil­lion) fi­nanc­ing fa­cil­ity from Qatar In­ter­na­tional Is­lamic Bank. It said the money was to fund part of the com­pany’s new projects un­der con­struc­tion. It did not spec­ify which projects.

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