We are a values-driven investor guided by stewardship, integrity, and a commitment to impactful partnerships. Our focus on investments, sustainability, and collaborative growth positions us as the partner of choice for those seeking prosperity across generations.
Since our formation in 1976, we have played a pivotal role in partnering with Qatar businesses and fostering community development. Our investments have contributed to the nation’s economic diversification through portfolio companies that have emerged as market leaders in sectors key to societal advancement, including healthcare, education, hospitality, travel and tourism, real estate, and asset management.
In real estate, for example, 1987 was marked by the opening of Al Mahmal Center, one of Doha’s first malls and a well-known landmark, and 20 years later, by the opening of Red Sea Mall, one of the Kingdom’s leading retail and leisure destinations.
Zekreet Investment’s establishment in 1996 of Elaf Group, a leader in hospitality, travel and tourism set us firmly on the path to becoming one of the sector’s leading investors, culminating with the 2018 opening of the multi award-winning Hotel Galleria.
Our acquisition in 2003 of a 50% shareholding in Nahdi Medical Company, which grew to become the MENA region’s leading retail pharmacy chain, was followed in 2022 by a partial exit through one of Qatar’s largest ever private IPOs.
These successes were all founded on Zekreet Investment’s core value of sustainability. As well as guiding how we act as a company, in terms of our adherence to the highest standards of business ethics, integrity and transparency, sustainability is also key to generating lasting prosperity by having a tangible social impact on our teams, communities and the nation as a whole.
Our Riyali and Badir CSR initiatives – supporting young people to manage their personal finances and flagship volunteering program respectively – exemplify this tangible impact. Riyali was awarded gold and Badir silver at the Gulf Sustainability Awards.
The unveiling in 2022 of our LEAP corporate strategy marked a major shift from operational roles to becoming an active financial investor. Building on our proven successes, we refined our focus and organizational structure to concentrate on two core pillars: Domestic Investment (encompassing private equity, public equity, fixed-income investments, and indirect investments) and Real Estate.
As we grow into our role as an active financial investor, we are expanding into new asset classes and curating diversified portfolios that feature income-generating assets and offer substantial growth potential. This will support our efforts to maintain the philosophy that has driven Zekreet Investment for nearly 50 years: namely, to generate prosperity for generations to come.
A leading investor driving prosperity for generations to come
To achieve maximum value through focused investments and partnerships in Shariah compliant markets, while maintaining the highest corporate governance standards, and incorporating sustainability into initiatives driving economic and social impact.
Stewardship
We are responsible stewards of our shareholders’ resources, balancing the risk-reward profile of our investments and adopting an investor mindset in everything we do.
Integrity
We will always act with courage and conviction as we strive, without exception, to do the right thing in line with our moral values.
Partnership mindset
We strive to be a partner of choice given our professionalism and commitment to mutually beneficial outcomes.
People orientation
We focus on our people, provide professional and career development opportunities, and reward effective performance.
Impact
We are guided by an overarching goal to create tangible impact and sustainable outcomes that have a positive impact on our country and local communities.
Mr. Al-Naimi also handles the complete responsibility for Qatar Foundation’s investment portfolios and long-term investment policies that include Qatar Foundation Endowment as well as the organization’s other joint ventures and initiatives. In 2015, he was honored by the Arab Economic Forum with the “Achievement in Leadership Award”. In his previous role as Vice President of Administration at Qatar Foundation, Mr. Al-Naimi managed the Shared Services Organization in Qatar Foundation that included the Finance, Human Resources, Business Process Improvement, Information Technology, Procurement, and Support Services Directorates. Prior to joining Qatar Foundation, Mr. Al-Naimi was the Human Resources Manager at RasGas Company Limited. Other current positions held by Mr. Al-Naimi include Chairman of the Board of Directors for Qatar Solar Technologies and Mater Olbia Hospital. Managing Director of Vodafone Qatar, representing Vodafone and Qatar Foundation LLC and a Board Member in local and international companies
Mr. Nasser Al Jaidah was the Chief Executive Officer of Qatar Petroleum International until 2015. Other Board Memberships Qatar Water & Electricity Company; Advisory Board of the State of Qatar.
Mr. Abdullah Saud Al-Mannai, an experienced professional with years of experience in corporate finance and years of diverse international experience in Banking & Finance. Established a record of innovative strategy creation and execution that produces operational excellence, self-motivated and resourceful individual with a proven ability to provide key financial data, support and reporting to assist in key business decisions having excellent verbal and written communication skill and able to build strong relationships both within and outside of a finance department as well as effectively communicating financial information to non-finance colleagues. Possessing strong financial control and reporting skills and rigorously ensuring that all statutory and corporate obligations are met.
