Finance / United Arab Emirates
State-led M&A To Continue
January 2009 | M&A News AlertThe Qatari government has ordered the merger of yet another of its state-owned enterprises. It was announced on January 19 that real estate firms Barwa Real Estate and Qatar Real Estate Investment are to merge in the hope that a larger entity will be better able to weather the economic downturn. The firm said that 'the move comes in line with the country's policy in investment to maximise higher return on investment in the Qatari shareholding companies while enriching the national economy and supporting the economic development in the State of Qatar.'
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