Barwa Signs QR 800 Million Financing Agreement with Local Bank

February 27, 2019

Barwa Real Estate Company announced signing a new financing agreement of QAR 800 million (Eight hundred Million) with a Qatari local bank. The purpose of the agreement is to finance a part of the company’s capital expenditures during the year 2019. The new facility period is 7 years from the date of withdrawal.

It should be noted that there is no conflict of interest between the contracting parties to this agreement.