Home Industry Qatar’s Barwa Real Estate Appoints Salman Al-Muhannadi Group CEO Muhannadi was previously chief executive of QNB Capital, the investment arm of Qatar National Bank, a bourse statement said. by Reuters March 2, 2015 Qatar’s Barwa Real Estate has appointed Salman Mohamad al-Muhannadi group chief executive as of March 1, it said in a statement on Monday. Muhannadi was previously chief executive of QNB Capital, the investment arm of Qatar National Bank, a bourse statement said. In May last year, Barwa had appointed Ahmad Abdulla Ali al-Abdulla acting group chief executive after his predecessor resigned. Barwa has struggled with debt, leading it to offload assets and cut staffing costs. In December, it sold land plots for $1.47 billion to an unidentified buyer. “The group is currently finalising its new strategy, reviewing current investments to determine best approaches of utilising them and studying potential opportunities,” the statement added. 0 Comments