Aamal Company QPSC

What Aamal Company QPSC does

Aamal Company Q.P.S.C. is a publicly listed Qatari diversified conglomerate headquartered in Doha, founded in 2001 and listed on the Qatar Stock Exchange since 2007. It operates through four business segments — Industrial Manufacturing, Trading and Distribution, Property, and Managed Services — across 32 wholly-owned subsidiaries employing more than 3,800 people. Key operating subsidiaries include Doha Cables (infrastructure cable manufacturing), Ebn Sina Medical (pharmaceutical and medical equipment distribution), Aamal Trading and Distribution (Bridgestone tires and automotive retail), Maintenance and Management Solutions / Aamal Services (facility management), Aamal Information Technology, Fun City (family entertainment), and Aamal Travel and Tourism.

The company's revenue mechanics are multi-modal: industrial manufacturing generates revenue from one-time sale of manufactured goods (cables, maritime products) to construction and infrastructure projects; trading and distribution earns transactional revenue through owned showrooms, dealer networks, and pharmaceutical distribution; the property segment derives income from retail leases, residential and commercial rentals, and property sales including City Center Doha; and managed services produces recurring subscription-style facility management revenue from corporate clients. The go-to-market is sales-led, combining direct enterprise field sales for large B2B contracts with showroom and dealer channels for B2C distribution. Pricing across the portfolio is negotiated and not uniformly publicly disclosed.

Aamal's competitive positioning rests on the scale and breadth of its subsidiary portfolio, multi-decade brand recognition in Qatar, and explicit alignment with Qatar National Vision 2030, which supports access to state-linked contracts such as the QAR 1 Billion+ Kahramaa infrastructure deal. Strategic partnerships with Novo Nordisk and BeiGene (pharmaceutical), Bridgestone (automotive), Huawei (cloud), and TotalEnergies (energy products) anchor distribution and supply relationships, while a 6% AGM-approved dividend distribution indicates ongoing shareholder return discipline.

Name

Aamal Company QPSC

Legal name

Aamal Company Q.P.S.C.

Website

https://aamal.qa

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Aamal Company QPSC is a publicly listed Qatari diversified conglomerate operating across industrial manufacturing, trading and distribution, property, and managed services through 32 subsidiaries, serving Qatar's infrastructure, healthcare, automotive, and corporate facility management markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Doha

HQ country

Qatar

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Industrial Manufacturing: Manufacturing of products for infrastructure development including cables, maritime services, and industrial products. Revenue generated from sale of manufactured goods to construction and infrastructure projects.
2. Trading and Distribution: Distribution of medical equipment, pharmaceuticals, automotive products (Bridgestone tires), and consumer goods through owned showrooms and dealer networks.
3. Property: Retail, residential and commercial property management and development. Revenue from retail leases, property sales, and rental income.
4. Managed Services: Facility management and maintenance services to corporate sector including MMS (Maintenance and Management Solutions) and Aamal Services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Aamal Company Q.P.S.C. is a publicly listed Qatari diversified conglomerate operating across four business segments through 32 wholly owned subsidiaries: Industrial Manufacturing (cable production and maritime services through Doha Cables), Trading and Distribution (pharmaceuticals and medical equipment through Ebn Sina Medical, automotive products including Bridgestone tires through Aamal Trading and Distribution), Property (retail, residential and commercial real estate development and management), and Managed Services (facility management through Maintenance and Management Solutions/MMS and Aamal Services, plus IT services through Aamal Information Technology and travel services through Aamal Travel and Tourism).

Product overview

Aamal Company QPSC is a diversified conglomerate operating across four primary business segments: Industrial Manufacturing (infrastructure products, maritime services, cable manufacturing), Trading and Distribution (medical equipment, pharmaceuticals, automotive products), Managed Services (facilities management, corporate services), and Property (retail, residential, commercial property). The company consists of 32 subsidiaries including Ebn Sina Medical, Doha Cables, Aamal Information Technology, Aamal Travel and Tourism, Maintenance and Management Solutions (MMS), and Fun City. This is not a unified software product but rather a portfolio of diverse business operations across multiple sectors in Qatar.

Differentiator

Problem solved

Functional benefit

Brands

• Fun City: Entertainment center and family recreation facility operated as a subsidiary business
• Aamal Ride
• Doha Cables
• Ebn Sina Medical
• MMS (Maintenance and Management Solutions)

Products and services

• Industrial Manufacturing (Doha Cables and maritime services)

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Novo NordiskcoreStrategic or Co-development Partner · 1 April 2025Ebn Sina Medical, Aamal's pharmaceutical subsidiary, maintains long-term strategic partnership with Novo Nordisk for chronic disease solutions including diabetes, hemophilia, obesity treatments. Partnership renewed for state-of-the-art solutions and expanded to bring Wegovy (Semaglutide 2.4mg) to Qatar. Also jointly hosted the second ACT Summit in Qatar for cardio-metabolic care.
• BeiGenecoreStrategic or Co-development Partner · 1 April 2025Ebn Sina Medical signed strategic partnership with BeiGene to introduce innovative oncology treatments in Qatar, strengthening healthcare innovation commitment.
• Bridgestone Middle EastcoreChannel Partner/ Reseller/ Distributor · 1 January 2024Aamal Trading and Distribution hosts Bridgestone MEA executive management, building on established partnership extending many years. Opened new Bridgestone First Stop showroom.
• TotalEnergies Marketing Middle EastminorStrategic or Co-development PartnerAamal's CEO and General Manager of Aamal Trading and Distribution hosted TotalEnergies Marketing Vice President for Middle East and General Manager of TotalEnergies Qatar for partnership discussions.
• Hamad Medical CorporationminorStrategic or Co-development PartnerCorporate Social Responsibility partnership for blood donation drives. Aamal organized blood drives in collaboration with Hamad Medical Corporation's Blood Donor Center.
• Qatar Cancer SocietyminorStrategic or Co-development PartnerOngoing CSR partnership for cancer awareness and support. Aamal recognized during International Congress for Gastrointestinal Cancer for unwavering support. Hosted Pink October awareness events for breast cancer prevention.
• Qatar Cyclists CenterminorGTM or Marketing PartnerCommunity cycling event partnership for Aamal Ride, promoting community wellbeing and healthy lifestyle. Successfully hosted two editions of the cycling event.
• Doha Women ForumminorGTM or Marketing PartnerAamal sponsored 7th and 8th editions of Doha Women Forum, supporting women's empowerment events, panel discussions on women empowerment and workplace equality.
• Qatar UniversityminorStrategic or Co-development PartnerCEO participated as judge panelist in Qatar University Entrepreneurship Competition. Aamal and Ebn Sina Medical participated at Qatar University White Coat Ceremony. CEO spoke at Qatar University about business journey.
• University of Doha for Science and TechnologyminorStrategic or Co-development PartnerHosted students from University of Doha for Science and Technology for presentation on digital marketing strategies and data mining trends.
• Al Rayyan International University College / University of DerbyminorStrategic or Co-development PartnerWelcomed 12 international students on educational tour in collaboration with Al Rayyan International University College and University of Derby (UK). CEO gave speech at Al Rayyan International University College.
• Elsewedy CablesminorChannel Partner/ Reseller/ DistributorAamal signed over QAR 1 billion contract with Kahramaa awarded to Elsewedy Cables, indicating a significant distribution/supply relationship.
• Newbridge PharmaminorStrategic or Co-development PartnerAamal Company joined CEO meeting at Newbridge Pharma office opening with Ebn Sina Medical, indicating collaboration in pharmaceutical sector.
• Qatar Development Bank - TasdeerminorGTM or Marketing PartnerDoha Cables (Aamal subsidiary) recognized by Qatar Development Bank's Tasdeer as one of Qatar's Highest Value Exporters during launch of Qatar Export Strategy.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Ezdan Holding Group: Ezdan Holding Group is a major Qatari diversified conglomerate listed on the Qatar Stock Exchange with operations spanning real estate, retail, and investments. It is comparable to Aamal as a Qatar-listed diversified holding company with overlapping property, retail, and consumer-facing segments.
• Mesaieed Petrochemical Holding Company: Mesaieed Petrochemical Holding is a Qatar Stock Exchange-listed industrial holding company with stakes in petrochemical, fuel, and steel ventures. It is comparable to Aamal's Industrial Manufacturing segment and overall holding company structure.
• United Development Company (UDC): United Development Company is a leading Qatari real estate developer and operator of The Pearl-Qatar island, listed on the Qatar Stock Exchange. It is directly comparable to Aamal's Property segment for high-profile mixed-use developments in Qatar.
• Barwa Real Estate Company: Barwa Real Estate is a Qatar Stock Exchange-listed real estate developer and property manager with significant retail, residential, and commercial assets. It is directly comparable to Aamal's Property segment, including large mixed-use assets such as City Center Doha.
• Gulf International Services Q.S.C. Gulf International Services is a Qatar Stock Exchange-listed diversified group providing industrial services, insurance, and catering to the energy sector. It is comparable to Aamal as a Qatar-listed diversified conglomerate serving industrial and services customers.
• Qatar Industrial Manufacturing Company (QIMC): Qatar Industrial Manufacturing Company is a Qatari industrial holding listed on the Qatar Stock Exchange with subsidiaries in petrochemicals, building materials, and industrial products. It is comparable to Aamal's industrial manufacturing operations, including Doha Cables.
• Industries Qatar Q.S.C. Industries Qatar is one of Qatar's largest diversified industrial conglomerates listed on the Qatar Stock Exchange, with holdings across petrochemicals, fertilizers, and steel. It is the most direct structural peer to Aamal given its Qatar-listed diversified industrial holding model and government-aligned mandate.

Regional players

• Al Imtiaz Investment Holding Company K.S.C.P. Al Imtiaz Investment Holding is a Kuwait Stock Exchange-listed diversified investment company with holdings in industrial, real estate, and services. It is comparable to Aamal as a regional GCC diversified holding with a similar portfolio diversification strategy.
• Sahara International Petrochemical Company (Sipchem): Sahara International Petrochemical Company is a Saudi Exchange-listed petrochemical and chemical manufacturer with diversified industrial holdings. It is a regional industrial manufacturing peer relevant to Aamal's Doha Cables and Industrial Manufacturing segment.
• Investment Holding Group K.S.C.C. Investment Holding Group is a Kuwait Stock Exchange-listed diversified holding company with operations across the GCC. It is a regional peer with a comparable diversified holding model operating primarily outside Qatar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aamal-qpsc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aamal Company QPSC