Estithmar Holding reports Solid H1 2026 Results, as Market Capitalization reaches approximately QAR 20 billion.
<p>Doha, Qatar: Estithmar Holding Q.P.S.C. announced its financial results for the six-month period ended 30 June 2026, following approval by the Company's Board of Directors.</p> <p>Estithmar Holding's operations today span 10 countries: Qatar, Saudi Arabia, Iraq, Syria, Algeria, Jordan, Libya, Egypt, the Maldives, and Kazakhstan. This growing regional and international footprint reflects the…
Doha, Qatar - Estithmar Holding Q.P.S.C. reported solid financial results for the first half of 2026, with revenue up 2.4% to QAR 3.159 billion and net profit increasing by 21% to QAR 561 million. Earnings per share grew 14.4% to QAR 0.124, while the share price surged 31% to QAR 4.42, resulting in a market capitalization of around QAR 20 billion.
The company's operations now span 10 countries, with its international business increasingly contributing to financial performance. CEO Basel Shaddad highlighted the success of the group's long-term strategy and expansion across regional and international markets, driving diversification and sustainable value for shareholders. Notable projects in development included the Rixos Baghdad Hotel & Residences in Iraq, Rosewood Maldives, and the Algerian-Qatari-German Hospital in Algiers, alongside existing businesses in healthcare, services, tourism, and real estate.
The introduction of Estithmar Capital as a dedicated financial services segment further bolsters the company's growth prospects.
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