BARWA and QATARI DIAR Named Real Estate Sponsors of Global City Forum

DOHA, Qatar - Dr. Al-Horr: Barwa Will Set New Standards for Sustainability, Ecological Impact and Green Building Design in the Region

BARWA Real Estate Company (BARWA), one of the premier organizations in the State of Qatar, and Qatari Diar, a leading company in sustainable development projects in Qatar and the world, have announced their joint partnership as Real Estate Sponsors for the Global City Forum, the sustainable urban development forum attracting more than 1,000 city & political leaders from 43 countries taking place in Abu Dhabi on 7 and 8 April.

The Qatari real estate conglomerates, BARWA and Qatari Diar, will be represented at the Global City Forum by Dr. Yousif Al-Horr, BARWA’s President of Strategy and Investment. Dr. Al-Horr will present the role of the private sector alongside with the governmental organizations in developing a comprehensive Green Building Framework that consists of Green Building Design Guidelines, Sustainability Rating System and Energy Standards. His presentation will tackle the approach, methodology used in developing the framework and its relationship with global standards and best practices in the area of Sustainability and Green Buildings. This achievement was accomplished through a strategic partnership and attraction of the most leading global and local research centers and industry experts.

“Development of new standards for sustainability, ecological impact and green building design in the region is a major objective derived from a global concern to further facilitating a futuristic approach towards saving our planet the earth” said Dr. Al-Horr.

“Qatari Diar and BARWA’s commitment to corporate responsibility is being expressed by their concern to develop a comprehensive means and methodologies for a regional sustainable real estate sector added Dr. Al-Horr.

“The real driver behind this sponsorship is our strong belief in the necessity of establishing a sustainable real estate industry which meets the future needs of Qatar and the GCC region while observing environmental impacts. Qatar will set new standards for sustainability, ecological impact, and green building design in the region. In support of 2030 Qatar National Vision, our strategies as conglomerate real estate companies and responsible corporate citizens will mark the beginning of a new era in the real estate industry and this partnership with Global City Forum will be the platform towards achieving this goal,” concluded Dr. Yousif Al Horr.

Commenting on Qatari Diar’s sponsorship, Mr. Mohamed Al-Hedfa, Deputy CEO - Business Development, Qatari Diar, said: “Our strategic objective from this participation is to offer a platform of interaction among industry players and those working for a Sustainable planet. Identifying the role of institutions towards the environment is a crucial mean to develop new standards for sustainability and green buildings of achieving 2030 Qatar National Vision”.

Global City is the only international networking forum where city leaders, mayors, political leaders and city executives can share strategies, methods and concrete solutions to help them implement their vision of a sustainable city and metropolitan region.

After its three successful editions in France, the unique Global City networking platform, sponsored by BARWA and Qatari Diar, will be held for the first time in the Middle East. City leaders from across the globe; including Paris, Beijing, Edinburgh, Mumbai, Belgium, London, Seoul, New York, Chicago, Madrid, Singapore, Rome, Toronto, Athens, Sao Paolo and other Middle Eastern and African cities; will gather to share experiences and expertise.

Notes to the Editor

About BARWA:

BARWA is one of the premier organizations in the State of Qatar. As the name “BARWA” or “Contractual Commitment” suggests, we are inspired by our vision of a glowing future for Qatar.

With business interest in real estate & project development, property & facility management, construction material production, environmental activities & health, banking & finance, hotels & resorts, technology & utility, knowledge & communications and agriculture; BARWA is driven by the conviction that people deserve a comfortable living and working environment.

With extensive operations in Qatar and around the world, we believe that every BARWA project is the seed for an incredible journey, where our greatest achievement is realizing the dreams of our stakeholders.

www.barwa.com.qa

About QATARI DIAR Real Estate Investment Company:

Wholly owned by the Qatar Investment Authority, QATARI DIAR Real Estate Investment Company was established in December 2004 to support Qatar’s growing economy and to co-ordinate the country’s real estate development priorities. QATARI DIAR creates distinguished property developments with local culture and lifestyle experience to attract tourism and residents generating sustainable and tangible socio-economic benefits. QATARI DIAR’s vision is to become the most trusted and effective real estate investment company by focusing its value proposition on the creation of quality, well-planned and desirable sustained developments. QATARI DIAR also provides local and foreign property developers with further opportunities to invest in numerous projects across the globe, including but not limited to Qatar, Syria, Morocco, Egypt and Europe. QATARI DIAR owns 45% of BARWA Real Estate Company’s shares. www.qataridiar.com

For further information, kindly contact: Bassel Hanbali Chief Communications Officer BARWA Mobile: +9746542099 Email: bassel.hanbali@barwa.com.qa

Source: BARWA

For further information, kindly contact: Bassel Hanbali, Chief Communications Officer, BARWA, Mobile: +9746542099, Email: bassel.hanbali at barwa.com.qa