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CEO of Aamal Holding Highlights Economy's Resilience in Statement to QNA

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Doha, April 21 (QNA) - Chief Executive Officer (CEO) of Aamal Holding (a Qatari public shareholding company) Rashid Al Mansoori, affirmed that the strength and resilience of the Qatari economy helps listed companies and others withstand the current regional changes.

In a statement to the Qatar News Agency (QNA), on the sidelines of the Group's Ordinary and Extraordinary General Assemblies, Al Mansouri said that the current economic impacts of regional and international developments and the ongoing escalation were global in nature, including rising energy, shipping, and insurance prices.

He pointed out that these challenges were not limited to the GCC region but extended to various global markets, affecting costs.

Regarding the company's geographical expansion, Al Mansouri revealed that projects outside Qatar have already commenced, particularly in Saudi Arabia and other GCC countries, and that regional expansion plans will continue in the coming period.

He emphasized the importance of monitoring current developments to ensure the sustainability of this expansion.

He also announced the group’s intention to expand into new sectors, most notably the energy and technology sectors, expecting that these investments will begin bear fruit during the current year, noting that the group has already entered into several agreements and tenders.

He added that 2025 was an exceptional year for the company in terms of financial performance, as it recorded remarkable growth in results driven by strong performance across various sectors, especially the real estate and industrial sectors, in addition to the services sector, in light of improved economic conditions and increased demand, especially in the real estate sector. (QNA)

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