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Barwa repays $700m loan
- Qatar: Tuesday, December 22 - 2009 at 11:07
Qatar-based developer Barwa Real Estate Co. has said it has repaid a $700m syndicated loan. 'Despite the difficulties created by the global financial crisis on the real estate sector, Barwa has been unhindered from honouring its financial commitments and completion of key real estate mega projects that are directly shaping the future of Qatar,' the developer said in a statement.
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StaffTuesday, December 22 - 2009 at 11:07 UAE local time (GMT+4)
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