First Qatar was founded in 2005 and has been expanding steadily since then. Our past projects and the lengthy experience of our team make us one of the most professional companies in the industry. First Qatar's expertise is continuously enhanced through further training and the diverse fields of interest of our staff. At the beginning of 2011 First Qatar unveiled US$ 750 M worth of investment projects. This combination of staff experience and vision for new developments, coupled with our drive for success constantly pushes us to develop further. Our annual growth and the consistent rise in return on investment speak for themselves.
First Qatar is part of a very successful corporate group. Our combined years of expertise and knowledge in various industries over the years, have made our thinking philosophy interdisciplinary and cross-sectoral. This means that we benefit from excellent networks – with government and industry. We combine regional culture with international experience. Our partners and clients value this mix – very few players can offer such detailed knowledge.
First Qatar has it's headquarter in Kuwait and operates branch offices in Qatar and Oman. The close proximity to our clients and our presence in the markets are key factors for ensuring a practical, hands-on business. We are active in the emerging markets and are helping to pave the way in many sub-markets and segments through our proactive approach. We are already one of the leading property development companies in the Gulf Cooperation Council member states.
First Qatar provides outstanding services to our shareholders, business partners and property residents – both now and in the future. We minimise your risks and maximise your benefits.
- Ownership: Kuwaiti shareholding company (closed)
- Paid-up capital: US$ 182 million.
- Sector, Industry: Real Estate, Investors and Developers
- Principal Activities: Real estate activities including purchase, development, management and organisation, sale and rent of buildings
- First Qatar is expected to generate an IRR of 15%.
- Mr. Fahad Khalid Al-Ghunaim - Chairman and CEO
- Eng. Abdullah Al-Subaih - Vice Chairman
- Mr. Musaid A. Al-Usaimi
- Mr. Mohammad Sherif El-Rafie
- Mr. Samer Abbouchi