Zawya - News: Following the decision to liquidate 3 subsidiaries: A quick profile of Qatar's Aamal Holding Company

Fatima Al-Kashef

 

Qatari company Aamal Holding – which operates in various sectors including industry, real estate and entertainment and is listed on the Qatar Stock Exchange – announced the liquidation of three of its subsidiaries, after its board of directors approved the decision, given that those companies have been inactive for a period of time, according to a statement to the stock exchange on Wednesday.

According to the statement, this decision will support the company in simplifying its operational processes.

The companies that were decided to be liquidated are: C-San Trading Company, which operates in investment in several sectors such as industry, real estate and trade; Gulf Rocks Company, which operates in importing and supplying gabbro stones used in concrete products; and Aamal Company for Car and Truck Maintenance, which specializes in maintaining the group's fleet of vehicles, according to the companies' website and the financial data of Aamal Holding Company.

About Qatar Holding Company

(According to its official website and official data)

The company’s activity dates back to 1964, while it was founded in 2001, and has been listed on the Qatar Stock Exchange since 2007.

- Al Faisal Holding Company of Qatar, which operates in various sectors, owns a 38.52% stake in it, while the CEO of Al Faisal Holding Company, Faisal bin Qassim Al Thani and his family own a 25.4% stake, while Commercial Bank of Qatar owns a 6.5% stake in the company’s shares.

The company operates in 4 sectors: industry, real estate, trade and distribution, through approximately 27 subsidiaries, in addition to owning medical centers, entertainment venues and other assets.

- The company’s net profit attributable to shareholders declined by about 11% year-on-year during the first quarter of 2026, recording 90.7 million Qatari riyals ($24.9 million), driven by a decrease in revenues of about 20%.

(Prepared by: Fatima Al-Kashef, Edited by: Omnia Assem, Contact: zawya.arabic@lseg.com)

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