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QATAR-PROPERTY/
RTX11B66
July 03, 2013
Bulldozers operate on a road under construction near Doha Towers June 25, 2013. Qatar's real estate developers...
Doha, Qatar
Bulldozers operate on road under construction near Doha Towers
Bulldozers operate on a road under construction near Doha Towers June 25, 2013. Qatar's real estate developers are struggling even as the country embarks on huge infrastructure building plans - a warning to investors that despite the billions which the Gulf state is throwing around, they won't necessarily profit. A $7.1 billion state financial support package announced last month for Qatar's largest listed developer, Barwa Real Estate and the restructuring of other top developers such as United Development Co and state-owned Qatari Diar, highlight the industry's weakness. Picture taken June 25, 2013. To match story QATAR-PROPERTY/REUTERS/Mohammed Dabbous (QATAR - Tags: BUSINESS CONSTRUCTION REAL ESTATE)
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