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27 February 11:48 PM

Barwa Real Estate QPSC (BRES)

Last update: 26 February 01:11 PM market time.
2.57
-0.13
-4.76%
Open 2.67
Previous Close 2.69
High 2.68
Low 2.56
Stock Statistics
Volume 172,081,422
Turnover 441,887,171.62
All data are 15 minutes late during market session

News

Moody's has decided to withdraw the ratings for its own business reasons
28 April 2019 01:10 PM Moody's withdraws International Bank of Qatar’s rating
Mubasher: Moody's Investors Service has withdrawn the credit ratings placed to International Bank of Qatar (IBQ), following the completion of the legal merger with Barwa Bank on 21 April 2019. Upon the merger deal, all assets and liabilities of …
Banking and Finance
The Qatari firm plans to increase its real estate portfolio
21 March 2019 11:03 AM Barwa Real Estate’s OGM approves QAR 2.5/shr dividends for 2018
Mubasher: Barwa Real Estate announced that its shareholders had approved distributing a cash dividend of QAR 2.5 per share, for the fiscal year ended 31 December 2018 during an ordinary general meeting (OGM) held on Wednesday. The Qatari firm …
Company News
The seven-year agreement aims to finance part of Barwa's capital expenditures
27 February 2019 05:46 PM Barwa Real Estate inks QAR 800m financing deal
Mubasher: Barwa Real Estate on Wednesday announced signing a financing deal worth QAR 800 million ($221 million) with a local bank. The seven-year agreement aims to finance part of the property firm's capital expenditures during 2019, Barwa Real …
Banking and Finance
Barwa Real Estate recommended 25% cash dividends for FY18
26 February 2019 10:04 AM Barwa Real Estate Q4 profits surge 73%; dividends proposed
Mubasher: Barwa Real Estate achieved an increase of 73% in profits during the fourth quarter of 2018 compared to the same period last year. Earnings soared to QAR 827 million ($229.2 million) in Q4-18 compared to QAR 478 million ($132.5 million) …
Financial Results
The deal aims to finance part of the Qatari firm’s capital expenses
13 February 2019 10:27 AM Barwa Real Estate inks QAR 1.2bn financing deal
Mubasher: Barwa Real Estate on Wednesday announced signing a QAR 1.2 billion ($332 million) financing agreement with a Qatari local bank. The seven-year deal aims to finance part of the Qatari firm’s capital expenses in 2019, the company said in a …
Banking and Finance
2 December 2018 05:23 PM Qatar's court fines Barwa Real Estate $42m
The Qatari real estate company is expected to pay such amount in cash
Global Reports
EPS recorded QAR 2.78 for the three-month period ended September
29 October 2018 10:37 AM Barwa’s profit falls 10% in Q3
Mubasher: Barwa Real Estate posted a 10% year-on-year profit drop for the third quarter of 2018. Net profits amounted to QAR 279.3 million in Q3-18, compared to QAR 310.04 million in Q3-17, according to the company’s statement to the Qatar Stock …
Financial Results
The agreement’s total cost amounted to QAR 501.64 million
2 October 2018 10:49 AM Barwa Al-Sadd acquires 75% of Millennium Plaza Hotel
Mubasher: Barwa Real Estate Company on Tuesday announced that its fully owned subsidiary, BARWA Al-Sadd Company, has signed an agreement to purchase 75% of Millennium Plaza Hotel. BARWA Al-Sadd will also buy the Wellness Center located at BARWA …
Companies Investments
Photo Archive
15 September 2018 06:55 PM First Finance launches new branch
Mubasher: First Finance Company (FFC), a subsidiary of Barwa Bank Group, has announced the opening of its new branch located at “Mawater City”. The new branch aims to facilitate car purchases and easy access of finance for individuals, and to be a …
Companies Investments
Foreign ownership limit in the Qatar firm will reach 190.67 million shares
16 August 2018 04:44 PM QCSD raises non-Qatari ownership limit of Barwa Real Estate to 49%
Mubasher: Qatar Central Securities Depository (QCSD) on Thursday announced that it has amended non-Qatari ownership limit in Barwa Real Estate to 49%. Foreign ownership limit in the Qatar firm will reach 190.67 million shares, according to a …
Markets Regulations
EPS amounted to QAR 2.07 in H1-18
25 July 2018 09:13 AM Barwa profit falls 12% in H1
Mubasher: Barwa Real Estate posted an 8% year-on-year increase in its operating revenues during the first six months of 2018, while net profits  (attributable to shareholders) fell 12%. Barwa logged a net profit of QAR 804 million during the …
Financial Results
Barwa noted that Alaqaria has constructed these projects to be leased to QP
11 July 2018 04:56 PM Barwa inks QAR 670m financial leasing deals with QP
Mubasher: Barwa Real Estate, a fully owned subsidiary Qatar Real Estate Investments Company “Alaqaria”, on Wednesday announced signing contract termination and discharge release for two financial leasing agreements with Qatar Petroleum (QP). The …
Corporate Actions
The project is expected to be completed within 18 months
30 June 2018 06:06 PM Al Bader Construction wins QAR 105m deal from Barwa Real Estate
Mubasher: Qatar-based Barwa Real Estate Company (BRES) has announced awarding the expansion of Alkhor Workers Sports Complex to Al Bader Construction and Steel Works company at a value of QAR 105 million. The project is expected to be completed …
Real estate
Barwa Real Estate unit buys $46m stake in Millennium Plaza Center
28 June 2018 11:44 AM Barwa Real Estate unit buys $46m stake in Millennium Plaza Center
Mubasher: Barwa Al Sadd Co, a wholly-owned subsidiary of Barwa Real Estate Company (BRES), has signed a contract to purchase a 25% stake in Millennium Plaza Hotel and the Wellness Center at a value of QAR 167.21 million ($46 million). This deal …
Real estate
The step aims at achieving the Qatari bourse's vision
7 June 2018 09:45 AM Barwa Real Estate raises foreign ownership limit to 49%
Mubasher: Barwa Real Estate Company (BRES) on Thursday announced that its shareholders had approved increasing non-Qatari ownership limit to 49% instead of 25% during an extraordinary general assembly (EGA) held the previous day. The assembly also …
Trading Activities
Barwa Real Estate will increase non-Qatari ownership limit to 49%
25 April 2018 01:07 PM Barwa Real Estate to hike non-Qatari ownership to 49%
Mubasher: Barwa Real Estate on Wednesday announced that its board intends to increase the non-Qatari ownership limit to 49% from its current 25%. The decision came after the CEO of the Qatar Stock Exchange (QSE) Rashid Al Mansoori called on all …
Corporate Actions
Profits amounted to QAR 405 million in Q1-18
25 April 2018 00:30 PM Barwa Real Estate Q1 profits drop 19%
Mubasher: The financial statements of Barwa Real Estate showed an 18.6% year-on-year growth for the first quarter of 2018. Profits amounted to QAR 405 million in Q1-18, compared to QAR 479 million during Q1-17, according to a filing to the Qatar …
Financial Results
By the end of Thursday’s trades, Barwa’s stock advanced 2.9% to QAR 35.5.
15 March 2018 04:54 PM QNB begins coverage on Barwa Real Estate, sets TP at QAR 39
Mubasher: Qatar National Bank (QNB) Group on Thursday announced that its research unit has initiated coverage on Barwa Real Estate Company (RBES) with a target price (TP) of QAR 39 per share instead of QAR 34.50, higher by 9.9%, for the coming 12 …
Macroeconomics
Barwa's profits surged 348% to QAR 482.5 million during the fourth quarter of 2017
28 February 2018 00:40 PM Barwa OKs QAR 2.5/shr dividends for 2017
Mubasher: Barwa Real Estate Company (Barwa) on Wednesday revealed that its ordinary general meeting approved the distribution 25% of the share par value in cash dividends, with a per-share dividend of QAR 2.5, for the year ended 31 December 2017. …
Cash Dividends
Profits amounted to QAR 480 million in Q4-17
11 February 2018 09:32 AM Barwa's profits surge 336% in Q4-17
Mubasher: Barwa Real Estate on Sunday announced that its profits hiked 336.4% year-on-year for the fourth quarter of 2017. Profits amounted to QAR 480 million ($131.9 million) in the final quarter of 2017, a rise from QAR 110 million ($30.2 …
Financial Results
The 12-month contract entails the construction of a labour city in Doha
25 December 2017 10:01 AM Barwa to build QAR 1.3bn labour city in Doha
Mubasher: Barwa Real Estate Company on Monday announced signing a contract to build a new labour city at QAR 1.295 billion ($352.6 million) in collaboration with INSHA Co.-W.L.L. The 12-month contract entails the construction of a labour city on …
Companies Investments
Qatar's Barwa to set up a residential city for labour
19 December 2017 11:44 AM Qatar's Barwa to set up a residential city for labour
Mubasher: Barwa Real Estate Company on Tuesday said that it has signed a 27-year leasing contract for two plots of land with total area of 1.18 million square metres with the municipality and environment ministry. The company will set up a …
Companies Investments
Qatar's BARWA completes sale of treasury stocks
28 November 2017 10:49 AM Qatar's BARWA completes sale of treasury stocks
Mubasher: Barwa Real Estate Company on Tuesday announced that it completed the sale of 50,110 treasury stocks, according to a bourse filing. The Qatar-based company’s capital amounted to around QAR3.89 billion divided on 389.12 million shares with …
Company News
plans to sell treasury stocks
8 November 2017 07:14 PM Barwa to sell Al Aqaria’s treasury stocks
Mubasher: Barwa Real Estate on Wednesday announced plans to sell treasury stocks owned by Qatar Real Estate Investment Company (Al Aqaria) in Barwa. The number of these treasury stocks is 50,100 stocks and represents 100% of Barwa’s treasury …
Banking and Finance
The contract’s period is ten years and a half, starting from 1 October 2017, with a rental value of QAR 755 million
12 July 2017 09:55 AM Barwa inks QAR 755m leasing deal
Mubasher: Barwa Real Estate Company signed a leasing contract for its project Mustawdaat in Umm Shahrain area with Mohammed Hayil Group for Trading and Contracting. The contract’s period is ten years and a half, starting from 1 October 2017, with …
Companies Investments