Barwa News including Tower

[omarmakki]

Anybody knows any info about Barwa Tower other than that posted before??

I find it really strange that there is nothing about this one on the net. The only picture was that one taken of a newspaper, but no renders, models, anything!

I mean a 100f skyscraper can't hide! It can never be a secret! Why aren't there any press conferences, websites, construction photos? I find it kinda wierd... What do you think guys??

[dave550]

All the projects in Qatar are like a dream. I see them posted here, but we never hear anything or see anything afterwards, like the national library and Barwa tower. Anyways, I talk to my friends in Doha and they always say that there isn't anything new.

[wakrah-wi-bas]

one of barwa's officials told a reporter 2 weeks ago that he'll announce the company's projects, including the tower, within few day. but so far nothing happend.
i support building the tower, if only they w'd change the design. really tasteless.

[dave550]

^^I agree

[omarmakki]

one of barwa's officials told a reporter 2 weeks ago that he'll announce the company's projects, including the tower, within few day. but so far nothing happend.
i support building the tower, if only they w'd change the design. really tasteless.
Well, please share whatever will be said...

I also agree with both of you about the crappy design. Who knows, maybe it looks better. Only renders will show that...

[Nightsky]

Never heard of it actually. Can anyone show a rendering of the building so we know how it looks like?
If you want it to get more attention you could post it in the main forum.

[omarmakki]

Never heard of it actually. Can anyone show a rendering of the building so we know how it looks like?
If you want it to get more attention you could post it in the main forum.
That's what I'm talking about. There is no render!
We only have this crappy photo from a newspaper...

http://www.al3nabi.net/upload/show.php?pic=95861

[Mandate]

The government of Qatar should publish information about this tower everywhere due to its importancy.
I think the name of this project will be changed to "SECRET TOWER".
:cheers:

[Qatar4Ever]

I really honestly think that the only secret is that the govt itself doesnt know whats really going on. I dont think they really have much of a plan.. theyre gona build and as they do theyll finish up the plan.

[salman515]

just read on the newspaper an article about that read the following


وأوضح النعيمي في تصريحات لـ «الشرق» أن شركة بروة العقارية تقوم حاليا بإجراء الدراسات الفنية للمجمع، لافتا الى أن هذا المجمع سيضم برجا عملاقا مكون من 100 طابق يتضمن قاعة للمعارض تمتد على مساحة 45 الف متر مربع

[omarmakki]

I really honestly think that the only secret is that the govt itself doesnt know whats really going on. I dont think they really have much of a plan.. theyre gona build and as they do theyll finish up the plan.
They should really make a really good plan.

Finishing the plan while building is really crazy! Especially for a 100f tower. What will they do if they found something wrong? Will they just blow it to ground zero or what?!

They really shouldn't be messing with those big "boys"!

[Halawala]

I think they already planned it but it is still not proposed yet... ^^ as salman said above, they are studying the proposal right now...

[Halawala]

QNB Al Islami signs QR1bn financing deal

Doha • QNB Al Islami, a branch of Qatar National Bank and Barwa Real Estate Company, yesterday signed QR1bn Islamic Financing Agreement.

The agreement will be utilised in financing Barwa’s real estate investment projects in compliance with Qatar Central Bank’s regulations on real estate financing.

Ali Shareef Al Emadi, Acting Chief Executive at QNB, and Ghanim Bin Saad Al Saad, Chairman of the Board and Managing Director of Barwa, signed the agreement at a ceremony held at QNB’s Main Office in Doha.

Speaking at the ceremony, Ali Shareef Al Emadi said that while QNB Al Islami is set to handle the financing part of the operations, Barwa will handle the real estate activities, the projects and investments management and all technical and administration issues related to the real estate field.

Furthermore, QNB Al Islami will be committed to provide economic and moral support to enable Barwa to carry out its ambitious projects.

“This partnership is part of QNB’s plan to participate in the economic renaissance, especially the real estate sector in the country. We are confident that Barwa is the right partner for such an activity, not to forget that Islamic Banking is rapidly growing and is expected to have a prosperous future. This gives the agreement its unique Islamic Shariah compliant feature”, Al Emadi said.

Ghanim bin Saad Al Saad stated: “This agreement is the result of cooperation between two of the largest financial and real estate institutions in Qatar, QNB and Barwa. It also reflects Barwa’s desire to prioritise dealing with local banks and financial institutions to meet its financial and investment requirements”.

“With this agreement, Barwa and QNB Al Islami will put their financial and technical abilities at the disposal of the real estate sector in particular and the national economy in general.

“This will help financing and executing the gigantic projects on which Barwa has been working on recently, in addition to its future projects with a mid and long term strategy”.

The signing ceremony was also attended by Abdullah Mubarak Al Khalifa, Assistant General Manager, Corporate Banking at QNB, Musadag El Melik, Executive Manager of QNB Al Islami and Abdel Magid Satti, Head of Credit Department at QNB Al Islami. Representing Baraw were Ali Al Obaidly, Board Member and Senior Advisor and Tamer Khedr, Chief Financial Officer.

[omarmakki]

Although the article didn't mention the tower directly (only 'ambitious projects'), but still... This is a good start! :D

[salman515]

couldn't find this in English and didnt know were to post it

بروة العقارية تعلن رسمياً عن مشروع "الشارع التجاري"

http://img168.imageshack.us/img168/2703/219992912091pv5.gif (http://imageshack.us)

الدوحة - الراية :أعلنت شركة بروة العقارية بالأمس عن إطلاق أحدث مشروعاتها العقارية في البلاد، وقد أعلن عن

المشروع بعد الموافقات الرسمية التي اكتملت بالأمس، حيث تم توزيع بيان صحفي باسم الشركة مبيناً فيه تفاصيل المشروع الحيوي والهام.

وصرح السيّد/ غانم بن سعد آل سعد - رئيس مجلس الإدارة العضو المنتدب في شركة بروة العقارية بأن المشروع عبارة عن تطوير لشارع تجاري بكافة ملحقاته من مجمعات تجارية وإدارية وشقق سكنية ومحلات ومعارض ومطاعم وبتكلفة تقديرية تبلغ 3,5 مليار ريال قطري، ويقع المشروع في منطقة مسيمير بداية من تقاطع شارع مسيمير مع طريق الصناعية علي امتداد 11 كلم علي طول طريق مسيمير/الصناعية والشارع الشرقي للمنطقة الصناعية، ومن المتوقع الانتهاء من تنفيذ هذا المشروع في العام 2009م.

وقال آل سعد في حديثه عن المشروع: " أن الشركة بذلت جهداً كبيراً في إعداد التصاميم لهذا المشروع، وكرست كل الجهود حتي تجعل المشروع لوحة قطرية متميزة في الإعمار والتصميم، وقال: إن أخذ موافقات الجهات الرسمية علي قيام المشروع يعكس مدي ثقة الدولة في الشركة".

كما أكد " آل سعد " أن المشروع جاء انطلاقاً من إستراتيجية ثابتة للشركة للاسهام في النهضة العقارية التي تشهدها دولة قطر، ومن خلال رؤية محددة للتميز في المشاريع القائمة أو المستقبلية، كما أن الفرص الواعدة التي يوفرها مناخ الاستثمار العقاري النشط في البلاد جعل كل المقومات متاحة لتنفيذ مثل هذه المشاريع، علاوة علي الحاجة الماسة في الوقت الحالي لمجمعات إدارية وتجارية وسكنية ذات مقومات عالمية".

كما أوضح " آل سعد " أن من مشاريع الشركة في مجالات الاستثمار العقاري التي تم تنفيذها حالياً، شراء برج سكني بقيمة 235 مليون ريال قطري بالإسهام مع شركة نزل ومقرها مملكة البحرين حيث تساهم شركة بروة العقارية بنسبة 50% من هذا البرج وتساهم في الشركة المعنية بنسبة 25%، وكذلك تم شراء مجموعة عقارات في فرنسا بقيمة 255 مليون يورو أي ما يعادل 1,22 مليار ريال قطري وهي عبارة عن مبان إدارية تشغلها شركات فرنسية وعالمية كبري، كما استحوذت بروة العقارية علي 100% من أسهم شركة الخليج للإنشاء والتعمير في جمهورية مصر العربية حيث تمتلك هذه الشركة مجموعة أراض في منطقة القاهرة الكبري بالقطامية.

[Qatarifreak]

Doha � Barwa Real Estate Company announced yesterday the launch of its newest real estate project in Qatar, the Ain Khalid Commercial Development, incorporating integrated facilities including administrative malls, housing apartments, retail outlets, exhibitions, and restaurants at a cost of QR3.5bn.

Ghanim bin Saad Al Saad, Chairman and Managing Director of Barwa Real Estate Company, said that the project is to be located in Msemeer area starting from the crossroad of Msemeer Road and Industrial road that extends 11km the length of Msemeer Road and the Eastern Road in the Industrial area.

The project is to expected to be commissioned by the year 2009, a news release issued by the company said yesterday. �Barwa invested greatly in creating a unique design for the project so that it reflects a distinctive and unique Qatari masterpiece in its design and construction. The official approval of this project also reflects the trust that the Government of Qatar has given our company,� said Al Saad.

He also pointed out that the promising opportunities made available as a result of the dynamic real estate investment climate in Qatar provided all the ingredients for the execution of these kinds of projects in addition to the current urgent need for administrative, commercial and housing complexes built to international standards.
Ghanim bin Saad Al Saad

Shedding light on major projects undertaken by Barwa, Al Saad noted that company had purchased a housing tower at a cost of QR235m, in partnershp with Bahrain-based Nazal Company in which Barwa owns 25 per cent stake.

He said Barwa also purchased some properties in France to the tune of QR1.22 bn (255m euros) which include several administrative buildings managed by French and large international companies.

[Qatar Son 333]

nice

[omarmakki]

Wow! 3.5bn is alot!

[Qatar Son 333]

i know it alot but still a good project

[4I.â.B4]

Barwa Tower at West Bay
Owner: Barwa Real Estate Company
Budget: $300 million
Scope of work: The project calls for the design and construction of a 100-storey mixed-use tower in the West Bay district in Doha.
Status: Sources indicate that the development is in the final stage of design work. Tender documents for the main contract should be issued in March.

[bhaggy3]

Barwa Tower at West Bay
Owner: Barwa Real Estate Company
Budget: $300 million
Scope of work: The project calls for the design and construction of a 100-storey mixed-use tower in the West Bay district in Doha.
Status: Sources indicate that the development is in the final stage of design work. Tender documents for the main contract should be issued in March.

we have seen this before...