Regional and international expansion supports Estithmar Holding's continued growth

Estithmar Holding's financial results for the six months ending June 30, 2026, showcase the company's continued growth and strategic expansion. The company's share price surged 31% to QAR 4.42, resulting in a market capitalization of approximately QAR 20 billion. EBITDA saw a 20% increase to QAR 880 million, reflecting strong profitability and operational efficiency. Net profit climbed by 21% to QAR 561 million, while earnings per share rose by 14.4% to QAR 0.124.

The expansion of Estithmar Holding spans across 10 countries: Qatar, Saudi Arabia, Iraq, Syria, Algeria, Jordan, Libya, Egypt, the Maldives, and Kazakhstan. This international footprint is a testament to the successful implementation of the company's expansion strategy. The international operations are increasingly contributing to financial performance, further solidifying the diversified business model.

In the first half of 2026, Estithmar Holding advanced several strategic projects, including the Rixos Baghdad Hotel & Residences in Iraq, the Rosewood Maldives resort, and the Algerian-Qatari-German Hospital (HAQA) in Algiers. These developments complement the company's established businesses in healthcare, services, tourism, real estate development, specialized contracting, and industries.

The company also established Estithmar Capital, a dedicated financial services platform expected to broaden growth opportunities and support regional and international market pursuits.

Mr. Basel Shaddad, Chief Executive Officer of Estithmar Holding, noted, "We remain focused on disciplined execution and sustainable long-term value creation, leveraging our diversified earnings base and expanding regional and international portfolio."