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Financials

Qatar's Barwa Real Estate secures 600 mln riyal financing from QIIB

DUBAI, Oct 23 (Reuters) - Qatar’s Barwa Real Estate , one of the Gulf Arab state’s largest listed developers, said on Sunday it had secured a 600 million riyal ($164.8 million) financing facility from Qatar International Islamic Bank.

It said the money was to fund part of the company’s new projects under construction. It did not specify which projects. ($1 = 3.6408 Qatar riyals) (Reporting by Tom Arnold; Editing by David French)

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