“Investment Holding” announced its financial results for the first half of 2026, ending on June 30, 2026, following their approval by the company’s Board of Directors.
Investment Holding's business extends across 10 countries, from Qatar, to Saudi Arabia, Iraq, Syria, Algeria, Jordan, Libya, Egypt, the Maldives, and Kazakhstan. This regional and international presence highlights the success of the group’s strategy to expand outside the State of Qatar, with the growing contribution of its international operations to supporting its financial performance and enhancing the strength of its diversified business model.
The company recorded revenues amounting to 3.159 billion Qatari riyals, compared to 3.073 billion Qatari riyals during the same period in 2025. Earnings before interest, tax, depreciation and amortization also increased by 20 percent to reach 880 million Qatari riyals compared to 732 million Qatari riyals, while net profits increased by 21 percent to reach 561 million Qatari riyals compared to 465 million Qatari riyals during the same period of the year. The past. Earnings per share also increased by 14.4 percent to reach 0.124 Qatari riyals. Investment Holding's stock continued its strong performance during the first half of the year, rising by 31 percent to reach 4.42 Qatari riyals, bringing the company's market value on June 30, 2026 to about 20 billion Qatari riyals.
Basil Shaddad, Group CEO of Istithmar Holding, said: “The results of the first half of 2026 reflect the success of our long-term strategy and the progress we are making in consolidating Istithmar Holding’s position as a Qatari group with a growing regional and international presence. Our expansion into regional and international markets has contributed to supporting the group’s growth and diversifying its revenue sources, in parallel with achieving a growth of 21 percent in net profits and 20 percent in earnings before interest, tax, depreciation and amortization, which confirms the strength of our operational performance and the effectiveness of our implementation strategy. The company’s market value reaching approximately 20 billion Qatari riyals represents investors’ confidence in the group’s performance and growth path. This momentum is based on a strong portfolio of contracted work worth QAR 4.2 billion, distributed across Qatar, Saudi Arabia, Syria, Maldives, Algeria and other markets.”
During the first half of the year, “Investment Holding” continued to implement its qualitative projects under development, most notably the “Rixos Baghdad” project in Iraq, the “Rosewood Maldives” resort, and the “Algerian Qatari German Hospital (HAQA)” in Algeria. These projects enhance the group's business in the sectors of health care, services, tourism investments, real estate development, and specialized industries and contracting, thus supporting the diversification of sources of profits and expanding its international presence.
The company also announced the establishment of “Istithmar Capital” as the group’s fifth operating sector, which specializes in providing financial services. It is expected to contribute to expanding the growth horizons of the group and support seizing investment opportunities in regional and international markets.
Investment Holding, based on the diversification of its profit sources and the expansion of its regional and international presence, continues to implement its strategy for sustainable growth, enhancing its ability to achieve long-term value for its shareholders and consolidating its position as a reliable partner in the markets in which it operates.
The growth of digital businesses does not depend on networks, data centers and platforms alone; Rather, it depends on the national competencies capable of operating these assets and transforming investments and strategies into actual services and results.
In the STC Group, national competencies represent an essential part of the work system, because of their role in operating the infrastructure, accelerating the launch of services, dealing with operational challenges, and supporting the group’s expansion in the communications and digital technologies sector.
The number of the group’s employees during the year 2025 reached about 19,000 employees in the various markets in which it operates, while the Emiratization rate reached about 90 percent, the employee engagement index recorded 89.4 percent, and the employee turnover rate reached 4.18 percent.
These numbers reflect the size of the workforce and its level of stability within the group, in addition to stc’s reliance on national competencies in managing its business and supporting growth plans.
STC Academy is one of the group’s most prominent tools for employee development. During the year 2025, it provided more than 300,000 training hours, distributed over two main tracks: one to prepare leaders, and the other to develop the skills of specialists.
The leadership track focuses on preparing employees to lead work teams, manage growth, and support leadership succession plans. These efforts include programs such as the “Corporate Skills Program” and the “Digital Leadership Program,” which combine training, practice, and professional development.
As for the specialists track, it focuses on areas related to the group’s work, including: data analysis, the Internet of Things, risk management, and strategic planning, with the aim of building expertise capable of dealing with business needs and maintaining continuity of operations.
Development efforts are not limited to a specific job level; The path begins with the talent incubation program to attract young national talents, then the specialist development program directed at employees with outstanding performance, leading to the leadership development program that targets employees who possess capabilities that qualify them to assume leadership responsibilities in the future.
The job placement program also allows a selected group of employees to undergo practical experiences with local and international partners, and gain new experiences that can be transferred to the work teams within the group.
In terms of women’s empowerment, women constituted 30.18 percent of the total new employees during the year 2025, while 462 women held leadership positions at the group level.
stc supports this path through the “Emerging Leaders for Women” program, in addition to practical training, professional guidance, and direct communication with leaders, which helps female employees develop their professional paths and reach greater responsibilities.
The interest in inclusion extends to employees with disabilities; The group provided customized programs to support 59 employees, in addition to providing facilities accredited according to the “Mowaamah” program, and implementing programs to raise awareness of sign language.
The financial results of the STC Group reflect key indicators that include the growth of revenues and profits, the expansion of investments, and the value achieved for shareholders. However, these results do not stop at the boundaries of the strategy; Rather, it is based on national competencies capable of managing businesses and transforming plans into tangible achievements.
By continuously investing in skills development, building leadership capabilities, and enhancing the work environment and employee experience, the group continues to establish strong foundations for sustainable growth.
Dar Global Company announced the awarding of the contract to implement the construction works for the “Trump International Hotel and Tower Dubai” project platform to the “Gulf Asia Contracting” Company.
The award of the contract follows the early completion of all basic equipment work for the project before its scheduled date of September 2026, which represents the transition to the next phase of construction and constitutes an important achievement in the implementation of one of the most prominent and anticipated luxury projects in Dubai.
This project is located on Sheikh Zayed Road at the entrance to Downtown Dubai, and continues to progress according to the approved schedule as construction work enters its next phase. The contract award also confirms Dar Global’s commitment to cooperate with regional contracting companies to provide the highest levels of quality in all stages of the project.
In this context, Ziad Al-Shaar, CEO of Dar Global, said: “After the successful completion of our basic preparation work, we are pleased to award the contract to implement the construction works of the (Trump International Hotel and Tower Dubai) project platform to (Gulf Asia Contracting) Company. This step represents an important achievement in the project’s construction work, which continues to progress according to the specified schedule, and reflects our commitment to cooperate with major contracting companies to provide exceptional quality in all stages of project development.”
The Trump International Hotel & Tower Dubai, whose launch was announced in April 2025, is scheduled to form a distinctive addition to Dubai’s urban skyline. The project is about 350 meters high, distributed over 80 floors, and combines hospitality services designed according to the highest international standards, residential units bearing international brands, and a private club for members only.
The tower sets a new standard for luxury living, as it includes the highest outdoor swimming pool in Dubai, and two distinctive penthouse apartments inspired by the iconic “Trump Tower” on Fifth Avenue in New York City, in addition to panoramic views of Burj Khalifa, downtown Dubai, and the Arabian Gulf.
