Barwa holds Emergency Co-ordination Meeting

Barwa Real Estate announced today that an emergency co-ordination meeting between HE Hitmi bin Ali Al-Hitmi, Chairman, and Dr. Mohamed Asad Al-Emadi, GCEO & MD, was held to discuss news leaks on some resolutions made by Barwa senior management.  The meeting agreed to all the items of the agenda. It also discussed other issues related to the parent company and subsidiaries. At the conclusion of the meeting, it was agreed to accelerate developing the business plan of the company and its subsidiaries for the current phase, then it shall be submitted for the Board of Directors for discussion and approval. Further, it was resolved that the Board of Directors shall convene over the next few days to discuss Barwa strategy on the short, medium and long term. 

The meeting stressed the fact that Qatari employees are top priority and one of the most important assets the company has. In addition, Barwa is always keen to enable and qualify Qatari nationals to fill various vacancies in different managerial levels. It also aligned its strategy to contribute to the realization of Qatar 2030 through human development. Barwa supports Qatari nationals through offering them education, training and scholarship opportunities through various schemes that the company developed and will continue over the next coming years to support the national economy and Qatar 2030. The meeting also rejected and denied any leaked news related to cancelling Barwa sponsorships, on the contrary it continues as planned. HE Al-Hitmi and Dr. Al-Emadi stressed the fact that all resolutions are taken to service the best interest of Barwa shareholders and other stakeholders as well.