Doha: Barwa Real Estate Group (a Qatari public shareholding company) announced the signing of two refinancing agreements with Qatar National Bank (QNB) totaling USD 557 million. A statement by the company published on the Qatar Stock Exchange website on Monday noted that the new financing terms will expire in June 2031.
According to Qatar News Agency, the refinancing aligns with the Group's strategy aimed at strengthening its financial position and maximizing the benefits of its cash flows.