Mannai Corporation
Mannai Corporation is a Qatari-listed (QSE: MCCS) diversified conglomerate founded in 1950, serving governments, enterprises, and consumers across the GCC and selectively in India through nine divisions spanning ICT systems integration, automotive, jewellery (Damas), engineering, travel, logistics, industrial supply, testing, and facility management.
- Company typePublic
- Founded1950
- HeadquartersDoha, Qatar
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Mannai Corporation does
Mannai Corporation QPSC is a Doha-headquartered, QSE-listed (ticker: MCCS) diversified conglomerate founded in 1950 and majority-owned by QIPCO Holding since 2005. It operates Trade and Services divisions spanning Information and Communication Technology (Mannai Networks, Mannai InfoTech, Mannai TechHub, and Mannai IT Solutions — a Qatar-leading 30-year systems integrator for enterprise and government), Automotive distribution and rentals (Cadillac, GMC, Subaru, BYD, JAC, plus heavy equipment), Jewellery (33% retained stake in Damas International after the 2026 Titan sale of 67%), Energy and Industrial Markets (HVAC, electrical, oil and gas, infrastructure supply), Engineering services (Manweir), Travel (IATA-accredited with exclusive BCD Travel and Virtuoso partnerships), Logistics (exclusive Hellmann Worldwide Logistics representation), Geological and Material Testing (Gulf Laboratories), Facility Management (Mannai Energy), and Home Appliances/Telecom retail (Mannai Home, Axiom Telecom at 35%).
The company monetizes through a mix of enterprise multi-year B2B and government contracts, retail showroom sales across automotive, jewellery, and electronics, and fees from professional services in engineering, testing, travel management, and logistics. Pricing is not publicly disclosed; ICT engagement is anchored by a QR 5bn order book entering 2026, and the segment contributed 64% of FY2025 revenue of QR 5.1B (~$1.04B), with Q1 2026 revenue at QR 1.3B, up 29% year-over-year. Distribution is highly physical — 251 Damas stores, 525 Axiom Telecom locations, automotive showrooms across Qatar, plus regional hubs in Dubai (Damas), Riyadh (ICT, launched June 2026), and Ras Laffan (Manweir engineering).
The company is in mid-execution of a strategic refocus: capital from the 2022 Inetum divestiture and the 2026 Damas sale (~$283M) is being redirected toward ICT in Qatar and Saudi Arabia, an AI-enabled data services partnership with iByond Holdings covering MENA and India, and a 10-year Sulzer engineering service alliance. Under Group CEO Alekh Grewal (appointed October 2024), the announced strategy explicitly pairs Qatar National Vision 2030 alignment with a Saudi-led geographic expansion thesis.
Mannai Corporation firmographics
Firmographics- Name
- Mannai Corporation
- Legal name
- Mannai Corporation QPSC
- Website
- https://mannai.com
- Company type
- Public
- Founded year
- 1950
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Mannai Corporation is a Qatari-listed (QSE: MCCS) diversified conglomerate founded in 1950, serving governments, enterprises, and consumers across the GCC and selectively in India through nine divisions spanning ICT systems integration, automotive, jewellery (Damas), engineering, travel, logistics, industrial supply, testing, and facility management.
- Ownership category
- akta.pro rank
Mannai Corporation industry classification
Industry- NAICS
- Other Commercial Equipment Merchant Wholesalers (42344), Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (42343), Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)
- SIC
- Wholesale-Professional & Commercial Equipment & Supplies (5040), Wholesale-Computers & Peripheral Equipment & Software (5045), Wholesale-Machinery, Equipment & Supplies (5080)
- akta.pro primary industry
- Wholesale/B2B Generalist Marketplaces (CRAFAAAF)
- akta.pro secondary industries
- Office Supplies, IT & Workplace Procurement Marketplaces (CRAFAHAF), Purchase-to-Pay (P2P) Operations (BPAAAJAA), Consumer Packaged Goods (CPG) & FMCG (TLAIALAH)
Keywords
Where Mannai Corporation is headquartered
LocationHeadquarters
- HQ city
- Doha
- HQ country
- Qatar
- HQ region
- Middle East
Offices4 records
Markets served
Mannai Corporation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Information and Communication Technology: Systems integration, enterprise IT services, infrastructure solutions, managed services. ICT contributed 64% of total group revenue in 2025 with order book standing at QR5bn
- Automotive Distribution: Distribution of passenger vehicles (Cadillac, GMC, Subaru, BYD, JAC), commercial vehicles, heavy equipment, and automotive rental services
- Jewellery Retail: Retail of luxury jewellery through Damas brand stores across GCC countries. Mannai retains 33% stake following Titan's acquisition of 67% in February 2026
- Energy & Industrial Markets: Supply of industrial products to oil and gas, construction, infrastructure sectors including HVAC, electrical, mechanical materials, tools and machinery
- Geological and Material Testing: Ground investigation, borehole drilling, laboratory testing services for construction and petroleum sectors
- Travel Services: IATA-accredited travel agency providing corporate and leisure travel, visa services through VFS Global partnership, airline ticketing
- Logistics: Freight forwarding (sea, air, road), warehousing, customs clearance through exclusive partnership with Hellmann Worldwide Logistics
- Engineering Services: Advanced machining, fabrication, welding, field services, calibration, oilfield products for oil and gas sector through Manweir subsidiary
- Facility Management: Integrated facility management and maintenance solutions through Mannai Energy including technical, soft services, airport services
- Retail/Home Appliances: Distribution and retail of home appliances, electronics through Mannai Home and Axiom Telecom (mobile telecommunications devices)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B enterprise and government contracts with customized pricing |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels4 records
Mannai Corporation product offering
Product offeringCore offering
Mannai Corporation QPSC is a diversified Qatari conglomerate operating across Trade and Services activities. It distributes passenger and commercial vehicles and heavy equipment, retails luxury jewellery through Damas, supplies industrial and energy-sector equipment (HVACR, oil and gas, electrical, infrastructure), provides ICT systems integration and managed services, delivers travel management and logistics, performs engineering and oilfield services through Manweir, runs geological and material testing through Gulf Laboratories, and offers facility management and home appliance retail. Its largest revenue contributor is the ICT systems integration division (64% of 2025 group revenue), followed by automotive distribution and jewellery retail.
Product overview
Mannai Corporation QPSC is a diversified Qatar-based conglomerate operating across multiple business divisions. The company provides a broad spectrum of products and services organized into two key activities: Trade and Services. The core divisions include Information and Communication Technology (Mannai Technologies with sub-brands Mannai Networks, Mannai InfoTech, Mannai TechHub, and Mannai IT Solutions), Automotive (sales, rental, and heavy equipment), Jewellery (Damas International with 251 stores across GCC), Energy & Industrial Markets (infrastructure, oil & gas, HVACR, electrical), Geological and Material Testing (Gulf Laboratories), Travel (Mannai Air Travel, Mannai Holidays, Space Travel), Logistics (Qatar Logistics via Hellmann partnership), Engineering (Manweir), Retail (Mannai Home, Axiom Telecom), and Facility Management (Mannai Energy). The company also holds a 33% stake in Damas International following Titan's acquisition of the majority stake.
Differentiator
Problem solved
Functional benefit
Brands
- Mannai Auto Sales: Vehicle sales division offering wide range from compacts to luxury passenger cars, commercial vehicles, and used cars.
- Mannai Auto Rent
- Heavy Equipment Group (HEG)
- Damas
- Mannai Holidays
- Space Travel
- Space Cargo
- Mannai Networks
- Mannai InfoTech
- Mannai TechHub
- Mannai IT Solutions
Quantifiable outcome
- QR5bn ICT order book demonstrates strong pipeline and market confidence
- +1 more outcomes
Companies that use Mannai Corporation
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles5 records
Mannai Corporation technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Mannai Corporation partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered flagship, strategic, core and minor.
- VirtuosoflagshipExclusive partnership making Mannai Travel the first and only Virtuoso member in Qatar, providing access to Virtuoso's global network of premium travel suppliers and reinforcing luxury travel sector leadership
- iByond Holdings Inc.strategicStrategic partnership to accelerate digital transformation in MENA region and India, focusing on deploying advanced AI-driven data management solutions across critical infrastructure and enterprise markets
- Sulzerstrategic10-year strategic service partnership between Sulzer and Manweir (Mannai's engineering subsidiary) to enhance availability and quality of maintenance services for customers in Qatar's oil and gas sector
- Google CloudcoreMannai InfoTech recognized as 2025 Google Cloud Country Partner of the Year for Middle East, delivering cloud solutions and digital transformation programs
- Rockwell AutomationstrategicMannai InfoTech secured exclusive software distributorship with Rockwell Automation for Qatar, transforming industrial landscape through automation solutions
- OraclecoreMannai InfoTech provided The Group Securities with Oracle Exadata database solution, described as the most powerful database platform
- BUSINESSNEXTstrategicStrategic partnership to drive digital transformation in Qatar's banking sector
- Google CloudcoreMannai InfoTech won 2024 Google Cloud Sales Partner of the Year MENAT Award for sales excellence
- LiferaystrategicPartnership to strengthen customer experiences with the arrival of Google Cloud region in Qatar, offering digital experience platform solutions
- Wizard CyberstrategicPartnership between Mannai-Microsoft Solutions and Wizard Cyber to revolutionize cybersecurity in Qatar
- HuaweistrategicMoU signed to explore intelligent computing and innovation, bringing digital services to more people and organizations in Qatar
- DraegerstrategicMannai Trading Company appointed as Draeger Partner for Healthcare solutions in Qatar, enhancing solution offerings in medical equipment
- fmeminorStrategic partnership for content migrations in Qatar and Middle East, supporting enterprise content management solutions
- BCD TravelcoreExclusive partnership making Mannai Travel the sole representative of BCD Travel in Qatar. BCD is a world leader in Corporate Travel Management with presence in 106 countries, providing unmatched global reach and comprehensive travel solutions for corporate customers
- VFS GlobalcoreExclusive local representative for VFS Global in Qatar, processing visa applications for 15 missions including UK, Canada, Australia, Germany, and other countries
- Hellmann Worldwide LogisticscoreExclusive partnership enabling global freight forwarding services through 157 countries supported by over 20,000 industry experts
- Thomas CookstrategicMannai Travel is General Sales Agent for Thomas Cook in Qatar, accessing integrated travel services including foreign exchange, corporate travel, MICE, leisure travel across 25 countries
- SOTCstrategicFull-fledged association with SOTC for escorted group tours, customized holidays, and incentive travel with over 70 years of experience
- Rail EuropeminorKey partner for rail travel across Europe offering tickets and passes for 25,000 destinations and 11,000 routes in over 30 countries
- Flexible AutosminorUK leading trade-only car hire broker represented in Qatar, offering competitive prices in over 170 countries through brands like Alamo, AVIS, Hertz, Enterprise, Europcar
Scale indicators14 records
Recent moves9 records
Expansion highlights6 records
Mannai Corporation competitors and assessment
Company assessmentBroad incumbents
- Al-Futtaim Group: UAE-based diversified conglomerate operating across automotive distribution, retail, real estate, and financial services. Highly comparable as a GCC-headquartered multi-sector trading and distribution group with similar automotive franchise model and large-scale enterprise operations.
- Aramex: Middle East-headquartered logistics and freight forwarding company with global operations. Comparable to Mannai's Qatar Logistics division as a regional logistics/freight forwarding player, though Aramex is a larger publicly-listed specialist.
Direct peers
- Ali & Sons Holding: UAE-based diversified group with automotive distribution (GM, Subaru), oil & gas services, marine, and industrial equipment supply. Closely parallels Mannai's mix of automotive distribution, oil & gas engineering (Manweir), and industrial wholesale operations in the Gulf.
- Gulf Business Machines (GBM): IBM's exclusive regional distributor and systems integrator across the Middle East. Directly comparable to Mannai Technologies' ICT systems integration business with similar enterprise/government customer base and similar multi-vendor hardware/software integration model.
- Kanoo Travel: One of the largest travel management companies in the Middle East, with IATA-accredited corporate and leisure travel services. Comparable to Mannai Travel division's IATA-accredited travel agency model with similar BCD/corporate partnerships.
Regional players
- Al Bawardi Group: Saudi conglomerate operating in construction, oil & gas services, industrial equipment, and trading. Comparable as a GCC industrial/trading conglomerate with similar oil & gas sector exposure and government-aligned contracting.
- Darwish Holding: Qatar-based conglomerate operating across real estate, contracting, automotive (Volvo trucks), electronics retail, and hospitality. Comparable as a Qatar-headquartered diversified trading group with similar franchise distribution model.
- Arabian Industries Group: Qatar-based engineering, procurement, construction, and facility management services company. Comparable to Mannai Energy's facility management and Manweir's engineering services for oil & gas sectors.
- Jumbo Electronics: UAE-based distributor and retailer of electronics, home appliances, and IT products, including Samsung, Apple, LG. Comparable to Mannai Home and Axiom Telecom's electronics distribution/retail model across the GCC.
- Al Jaber Group: Qatar-headquartered diversified group operating in trading, contracting, manufacturing, and industrial services. Comparable as a Qatar diversified industrial/trading conglomerate with similar scale and government-aligned operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks1 record
Key highlights7 records
Customer concentration
Mannai Corporation social profiles
Digital presenceMannai Corporation compliance and trust
Trust signalCompliance12 records
Mannai Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mannai Corporation leadership team
Management profileNumber of profiles
Profiles13 records
Mannai Corporation subsidiaries and ownership
Company hierarchySubsidiaries11 records
Mannai Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mannai Corporation M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mannai Corporation
What does Mannai Corporation do?
Mannai Corporation QPSC is a diversified Qatari conglomerate operating across Trade and Services activities. It distributes passenger and commercial vehicles and heavy equipment, retails luxury jewellery through Damas, supplies industrial and energy-sector equipment (HVACR, oil and gas, electrical, infrastructure), provides ICT systems integration and managed services, delivers travel management and logistics, performs engineering and oilfield services through Manweir, runs geological and material testing through Gulf Laboratories, and offers facility management and home appliance retail. Its largest revenue contributor is the ICT systems integration division (64% of 2025 group revenue), followed by automotive distribution and jewellery retail.
Is Mannai Corporation a public or private company?
Mannai Corporation is a public company. It is currently operating.
When was Mannai Corporation founded?
Mannai Corporation was founded in 1950. It employs 1,001 to 5,000 people.
Where is Mannai Corporation based?
Mannai Corporation is headquartered in Doha, Qatar, in the Middle East region.
How does Mannai Corporation make money?
Ten revenue lines are on record. Information and Communication Technology is the primary driver. The others are automotive Distribution, jewellery Retail, energy & Industrial Markets, geological and Material Testing, travel Services, logistics, engineering Services, facility Management and retail/Home Appliances.
Who are Mannai Corporation's main competitors?
Broad incumbents on record are Al-Futtaim Group and Aramex. Direct peers are Ali & Sons Holding, Gulf Business Machines (GBM) and Kanoo Travel. Regional players are Al Bawardi Group, Darwish Holding, Arabian Industries Group, Jumbo Electronics and Al Jaber Group.
Does Mannai Corporation have an API?
No public API is recorded for Mannai Corporation.
What industry is Mannai Corporation in?
Its primary akta.pro industry code is CRAFAAAF, Wholesale/B2B Generalist Marketplaces, with a secondary code of CRAFAHAF, Office Supplies, IT & Workplace Procurement Marketplaces. Its NAICS code is 42344 and its SIC code is 5040.