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Barwa Real Estate Group, listed on the Qatar Stock Exchange, has announced the signing of a number of strategic agreements and partnerships, in addition to the unveiling of its new residential project “Barwa Bay” in the city of Lusail, during its participation in the “Cityscape Qatar 2026” exhibition, which was launched at the Doha Exhibition and Convention Center.
The agreements included a partnership with Qatar Railways Company (RIAL) to explore opportunities for cooperation in the fields of real estate development and investment, including discussing opportunities for the development and investment of the company’s land and real estate assets, and benefiting from Barwa’s expertise in the development of real estate projects, according to a statement from the company to the Qatar Stock Exchange on Tuesday.
Signing a Memorandum of Understanding with Amnia Real Estate Company to take over the operation and management of the “Misk Beach Residences” project in Oman
The group’s subsidiary, Wasif, signed a cooperation agreement with the Gulf Research and Development Organization (GORD) to enhance the sustainability of real estate assets and raise the efficiency of buildings by studying solutions to rationalize energy and resource consumption and improve environmental and operational performance.
As part of the trend towards the use of digital technologies in real estate management, Wasif has entered into a partnership agreement with Westec Saudi Arabia, which specializes in smart waste management solutions, with the aim of improving waste collection and recycling in real estate and residential complexes managed by the company. Wasif also signed a partnership agreement with Schneider Electric to benefit from advanced technical solutions in building management, energy consumption control and maintenance development, to support the efficiency of the operation of real estate assets.
In the hospitality sector, Shaza Hotels, owned by Barwa Real Estate Group, confirmed the signing of a memorandum of understanding with Omnia Real Estate Company to take over the operation and management of the “Misk Beach Residences” project on the coast of the Sea of Oman, 136 kilometers from the capital Muscat. The project includes 125 housing units, and the cooperation aims to benefit from Shaza Hotels’ expertise in managing and operating hotel assets and upgrading the level of services provided.
The company announced the decline in its profits during the first half of 2026 to record 459.30 million riyals for a profit
With regard to the new projects, Barwa announced the “Barwa Bay” project in the luxury residential real estate category in the Marina area of Lusail, and announced the opening of the registration of interest in the project, which represents a new addition to its real estate portfolio.
These agreements and announcements come within the framework of the Group’s drive to enhance the use of its real estate portfolio, raise the operational efficiency of assets, and diversify investment and development opportunities, in order to support sustainable revenues and long-term value.
It is worth mentioning that the company had announced a decline in its profits during the first half of the current year 2026; to record a net profit of 459.30 million Qatari riyals, compared to a net profit of 560.166 million riyals for the same period of 2025.
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