The real estate company's CFO is keeping a careful eye on cash, writes Tim Burke.
In a market where space limits scale, local firms have needed to be ambitious and smart about how and where they work. Qatar is the smallest country in the Gulf Cooperation Council by area and population after Bahrain. Banks and companies alike have grown accustomed to looking beyond the borders and offshore for business. For newer banks like Barwa that’s meant pushing to win work on international deals such as the UK sukuk.
Like so many hyped events, the first day of liberalised trading on the Tadawul, Saudi Arabia’s Stock Exchange, was a little bit underwhelming. Many commentators expected foreign investors to be queuing up at the door, waiting for entry into a room full of blue chip shares from previously inaccessible multi-billion-dollar market-cap companies.