Qatar Government Ordered Merger Between Barwa Real Estate and Qatar Real Estate Investment Co

Qatar govt orders new property merger as woes mount
Reuters - USA
DUBAI, Jan 19 (Reuters) - Pressure on Qatari firms to merge to withstand the global financial crisis increased after the government ordered a merger between Barwa Real Estate BRES.QA and Qatar Real Estate Investment Co QREC.QA.

The merger -- the fourth in the Gulf Arab gas exporter in three months -- comes as Gulf real estate markets suffer under the financial crisis and falling oil prices. The two firms have a combined market capitalisation of $2.5 billion. ...