Barwa awards warehouse complex project to QBEC

Doha – Mubasher: Barwa Real Estate Company awarded the establishment of a warehouse complex project in Um Shahrein area to Qatar building and Engineering Company (QBEC) for QAR 395.85 million.

According to a bourse filing released on Wedensday, the project is planned to be finished within 12 months.

The complex comprises storage warehouses, air-conditioned storage areas and a residential compound for the employees working in the complex. The infrastructure of the project consisting of 13 sub power stations.

The stock rose in today’s early trading by 2.18% to QAR 32.8 through exchanging 125,300 shares at QAR 4.08 million.

Mubasher Contribution Time: 11-May-2016 07:56 (GMT)
Mubasher Last Update Time: 11-May-2016 07:56 (GMT)