MIDEAST STOCKS-Barwa's Qatar, Abu Dhabi's Dana Gas jump on deal announcements | Reuters:
"Developer Barwa Real Estate helped lift Qatar's bourse on Wednesday after announcing a land sale deal with the government, while Abu Dhabi's Dana Gas rose after signing a new contract in Egypt.
Qatar's benchmark rose 0.2 percent as shares in Barwa jumped 3.5 percent and were among the main supports.
Barwa said on Wednesday it would sell land worth 2.54 billion riyals ($697.4 million) to the government, the latest state assistance which the indebted developer has received."
'via Blog this'
No comments:
Post a Comment