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Barwa Real Estate shares rise as firm appoints new Group CEO

The QE Index in Doha failed to sustain the positive momentum from last Thursday and closed just 0.12% higher at 8,286.08 points. Shares of Barwa Real Estat ended up 0.68% to reach QR29.50. Earlier in the day Barwa announced the appointment of Mr. Abdulla bin Abdulaziz Turki Al-Subai'i as Group CEO. Barwa's rival United Development Company, or UDC, dipped 0.38% to QR21.03.