May 28 (Bloomberg) — The Qatari government offered to buy real-estate investments worth as much as 15 billion riyals ($4.1 billion) from local banks, boosting a support package to help the country’s financial sector.

May 28 (Bloomberg) — The Qatari government offered to buy real-estate investments worth as much as 15 billion riyals ($4.1 billion) from local banks.

May 28 (Bloomberg) — Barwa Real Estate Co., Qatar’s second-largest property developer by market value, said today its banking unit received approval from the country’s central bank to start operations.

The economic downturn has left many wondering where the real estate market stands in its wake. However, things finally may be looking up for the hard-hit market.