Baladna marks expansion with capital increase listing

Baladna has successfully completed its capital increase through a rights issue, increasing its paid-up share capital by 25% to QR2.67bn. The QSE listed and began trading the new shares, boosting the company's issued and paid-up share capital from QR2.14bn to its current level. This marks one of the largest capital increases under the QFMA's Offering, Listing, and M&A rules implemented in December 2025.

Existing shareholders were given the opportunity to buy the new shares at a subscription price of QR1.01 per share, with a one-for-four ratio, on a rights issue. The issue was completed on August 17, 2026, with all 535.99mn new shares sold to existing shareholders. The QSE hosted a ceremonial "Ring the Bell" event following the successful transaction.

Baladna's chairman, Moutaz al-Khayyat, stated that the increased capital will empower the company to accelerate expansion plans, boost production capacity, and enhance its footprint in regional and international markets. He also expressed gratitude to shareholders, the QSE, QFMA, and Edaa for their cooperation. QSE CEO Abdulla Mohammed al-Ansari emphasized the significance of Baladna's capital increase, highlighting the QSE's role in enabling listed companies to access capital markets for growth and expansion.

He furthered the QSE's commitment to developing an integrated market ecosystem that supports private-sector growth and Qatar's economic development goals.