Barwa's foundations were laid on 15 November 2005, when it obtained its commercial license. Barwa began operations on 19 January 2006.
The group's name derives from an important principle in Qatar's commercial heritage - the concept of a reliable and trustworthy agreement or contract. These values form the core of corporate personality. A few years before Company's establishment, Qatar had embarked upon an ambitious and progressive growth strategy based on its wealth of natural, energy-based resources. By 2005 it had achieved unprecedented growth in its economy, indeed a leader in terms of economic growth among countries around the world, and was beginning to be recognised as a key player both as a global energy provider, and as an engine of growth in the Gulf region.
Barwa's creation was a demonstration of the vision of the country led by His Highness the Emir and the government of the State of Qatar to build a modern country with a diversified economy for the benefit of future generations. Company seek to contribute to the government's over-arching development plan for Qatar as set out in the Qatar National Vision 2030.
Since its formation, Barwa has proven to be a dynamic and powerful contributor towards the development of Qatar. Qatari Diar, a company owned by the Qatar Investment Authority holds a 45% share in Barwa, which is the largest listed real estate company in Qatar in terms of real estate developments, and has a total asset capitalization of approximately QR 66 billion as of 31 December 2011.
Despite its short history, Barwa has grown its business into over 40 investments in 5 segments. These are: