Real estate firms report 1.06 billion riyals profit
The real estate sector listed on the Qatar Stock Exchange experienced a decline of 9.56% during the first half of 2026, recording profits of 1.06 billion Qatari riyals, compared to 1.17 billion riyals in the same period of 2025. The profits were distributed among four companies, with Barwa Real Estate being the largest with earnings of 459.30 million riyals, representing an 18.01% decrease from the previous year. Ezdan Holding came in second with profits reaching 441.96 million riyals, marking a 4.50% increase. United Development recorded profits of 119.09 million riyals, a decline of 19.02%. Mzaya Real Estate Development achieved profits of 35.30 million riyals, a decrease of 4.74%. The overall performance indicates a general decline in sector profits despite expectations of continued demand for real estate, even as supply increases.
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