tag

Monday, December 08, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "transaction" (2 articles)

Gulf Times
Business

Barwa sells land plot in Bahrain

Barwa Real Estate Group has sold a land plot in Bahrain Bay, owned by GHIC Real Estate, a wholly-owned subsidiary of Barwa Real Estate.Under the agreement, the sale of the 12,478 sqm plot will be completed according to the terms set forth in the agreement, Barwa said in a mandatory regulatory filing with the Qatar Stock Exchange.This transaction is part of Barwa Real Estate’s strategy to optimise its portfolio performance and divest non-income-generating assets, positively affecting the group’s financial indicators and contributing to sustainable growth in shareholder returns."There are no conflicts of interest among the contracting parties in this agreement," the filing said.

Gulf Times
Business

Qatar Airways bags ‘ACT Middle East Treasury Award’ for landmark QR4.5bn QNB-led capital raising 

Qatar Airways has been awarded the ACT Middle East Treasury Award for capital raising for its landmark QR4.5bn QNB-led dual-tranche syndicated facility and supported by a consortium of local banks. “The milestone transaction marks one of the largest aviation finance deals of its kind in the region, reinforcing the airline’s financial strength and resilience.“The achievement underscores Qatar Airways’ prudent financial strategy, strong relationships with Qatar’s world-class banking sector, and its ability to successfully navigate complex financing structures to supportlong-term sustainable growth.” QNB, as the leading financial institution in the Middle East and Africa, played a pivotal role in structuring and leading the capital raising, leveraging its expertise and strong relationships with local banks. The transaction underscores QNB’s ability to deliver innovative financial solutions that support Qatar’s flagship companies in achieving sustainable growth and global competitiveness.The ACT Middle East Treasury Awards recognise outstanding achievements in corporate treasury across the region, celebrating excellence in financial management. The accolade highlights Qatar Airways’ commitment to the highest standards of financial management and the strategic role of the airline in strengthening Qatar’s economic resilience.Qatar Airways Group Chief Executive Officer, Badr Mohammed al-Meer, said: “We are delighted to receive the ACT Middle East Treasury award for our landmark capital raising agreement with local banks led by QNB for QR4.5bn. The landmark financing deal, achieved with the leadership of QNB and the support of our local banks, reflects the strength of our partnership and commitment to financial excellence and is fully in line with Qatar National Vision 2030. It is not only an achievement for the airline, but also a testament to Qatar’s world-class banking sector.”QNB Group Chief Executive Officer, Abdulla Mubarak al-Khalifa, said: “We are proud to have supported Qatar Airways in this landmark transaction, which reflects the strength of Qatar’s financial sector and its ability to deliver innovative financing solutions. This achievement not only reinforces the airline’s global position but also demonstrates our commitment to advancing Qatar’s economic resilience and long-termsustainable growth in line with the Qatar National Vision 2030.”Qatar Airways continues to be a leader in both aviation and finance, ensuring the airline remains well-positioned to expand its network, invest in new aircraft, and deliver the five-star service for which it is globally renowned. The national carrier also aims to stimulate greater collaboration between the aviation and the banking sector, paving the way for innovative financial structures tailored to the airline’s evolving needs while promoting national economic resilience.