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FINANCIAL NEWS
Qatar’s Barwa reports USD466m profit in 2012
13 Mar 2013
(MENAFN) Qatar’s Barwa Real Estate Company reported an increase in annual profits for 2012 compared to a year earlier, The Peninsula Qatar reported.
The top developer said it made USD466 million net profit last year, up from USD384 million in 2011.
The company said revenue from rentals grew by 18 percent to USD203.4 million in 2012 from USD171 million in the previous year.
Qatari Diar, 45 percent owned by the Qatar Investment Authority (QIA), is the largest listed real estate company in Qatar in terms of real estate developments.
More News
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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