Qatar: The Qatar Exchange 20 Index advanced 0.20% to reach 9,671.84 points on Tuesday. Doha Insurance dived 2.26% to QR25.90. Earlier in the day, the company said the reviewed financial statements for the period ending June 30, 2013 revealed a net profit of QR36.1m in comparisons to QR41.4m for the same period last year. Barwa Real Estate slipped 0.16% to hit QR27.15. Barwa, a developer of several residential, commercial and leisure projects in Qatar, said Salah Bin Ghanim Al Ali had been appointed chairman of the board of directors. Dr. Issa Mohammed Almohannadi and Dr. Khalid Mohammed Ibrahim Alsayed were appointed new board members. "The Board of directors includes seven members, three of which are from the Qatari Diar (preferred shareholder) while the other four are elected by the shareholders of Barwa Group," said Barwa. [AMEInfo.com]
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