One of Qatar’s largest and most diversified companies

With operations across 32 active business units and market leading positions in key growth sectors, we are uniquely positioned to benefit from increased private and public sector demand as Qatar transforms into an advanced and self-sustaining economy.

2001
Established
2007
Listed on QSE
AHSC
Symbol on QSE
QAR 6.3
Market Cap (Bn)
Aamal Company’s diversified business model and market leading position allows it to contribute to and benefit from Qatar’s economic development and to identify attractive investment opportunities which meet the growing and increasingly sophisticated needs of the local market across our four sectors. We believe in building strength through careful diversification and have established a successful track record of delivery against this strategy.
Mohammed Bin Faisal Al Thani
Vice Chairman and Managing Director

Our investment case

We are one of Qatar’s largest and most diversified companies, offering high quality and balanced exposure to Qatar’s economic growth and development.

We are on a mission to deliver maximum growth at minimum risk, through a diversified structure, offering high quality exposure to the Qatar growth story. Here are five clear reasons to invest in Aamal Company:

We have a clear strategy for long term, profitable growth

  • Focusing on key industrial manufacturing, real estate, healthcare and other high-growth sectors such as: Energy & Information Technology
  • Building on our strong, established market positions and optimising our performance through continued diversification, innovation and high product and service quality
  • Maintaining strict financial and operational discipline across our businesses and pursuing our pipeline of strategic growth initiatives

We operate in an attractive, growing market

  •  We offer high quality exposure to Qatar’s economic growth and development. Driven by the Qatar National Vision 2030, Qatar has become one of the world’s fastest growing and most successful economies; Real GDP is forecast to grow by 2% in 2024 according to the IMF.
  • We have leading positions across the key sectors and in the fastest growing markets in alignment with Qatar’s economic development pathway. For example, we are at the forefront in IT healthcare solutions and pharma distribution while also playing a significant role in Qatar’s broader industrialisation through our cables, structural steel and readymix businesses.
  • We are strongly positioned to benefit from increasing private and public sector demand, particularly for healthcare where the Government has allocated a budget of QAR 21bn in 2024.

Our business model provides strength through diversification:

  • Through global and regional economic cycles, our diversified business model and unique asset portfolio provides resilience and balanced exposure across our four segments of Industrial Manufacturing; Trading and Distribution; Managed Services; and Property.
  • Within each segment our subsidiaries are managed as standalone entities, optimising their performance and maximising the management’s operational focus, agility and transparency.

We are financially strong

  • We benefit from a strong balance sheet, low gearing and significant liquidity.
  • We are strongly capitalised with QAR6.3bn of shareholders’ funds at the end of 2023.
  • Our growth initiatives are underpinned by strong internal cash flow generation and the availability of debt financing opportunities.
  • We benefit from the supportive backing of Al Faisal Holding Company (our long-term, majority shareholder).

We have an experienced and proven senior leadership team, both at Group level and across our subsidiaries, delivering:

  • An agile, highly effective corporate decision making process with short lines of communication between Group and operational management; and talented, experienced, and motivated managers with excellent customer relationships.
  • A track record of value creation and sustainable growth.
  • Strong, best practice corporate governance, internal controls and commitment to ESG best practice.
  • A proven track record of successful partnerships with international leaders to build incremental revenue streams by meeting growing domestic demand in new markets and sectors.
Results, reports and presentations

Results, Reports and Presentations

Read our latest financial documents
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Annual Report 2023

Download our latest report