Aamal Company
Rank: 19
Sector: Industrials
Date of establishment: 2001
Market value : $2 billion
Name: Mohammed Bin Faisal Al Thani
Designation: CEO and Managing Director
Aamal is a diversified company with operations across 27 active business units, some of which have been operating in Qatar for 40 years, with over 2,300 employees. Aamal’s businesses manufacture products vital for infrastructure, including electrical cables, cement blocks, concrete pipes, and ready-mix concrete. In 2020, Aamal Cables for Trading and Contracting—a subsidiary of Aamal—announced that it had been awarded a three-year contract worth $190.6 million by the Qatar General Electricity & Water Corporation to supply medium voltage 11KV and pilot power cables. It recorded total revenues of $302.1 million in the first nine months of 2021, up 13.2% compared to the same period in 2020.