Mosanada Facility Management Services “Mosanada” shareholders approve application for the Company’s conversion into a Qatari public shareholding company

Mosanada is a leading specialised facility management services provider offering comprehensive solutions to clients in Qatar Strong financial pe...

-    Mosanada is a leading specialised facility management services provider offering comprehensive solutions to clients in Qatar  -    Strong financial performance with high profit margins  -    Founding shareholders Aspire Zone Foundation, Qatar Olympic Committee and Cushman & Wakefield Qatar Holdings Pty Limited approved the application to convert Mosanada into a Qatari public shareholding company with the intention to list its shares on the Qatar Stock Exchange Main Market -    Shareholders approved a dividend of QAR 42 million to be paid in February 2026 -    Shari’ah compliant certified operations  

Doha, Qatar, 18 November 2025 – Mosanada Facility Management Services (“Mosanada” or the “Company”) is pleased to announce the conclusion of its Constitutive General Assembly held on the 17th of November 2025, during which shareholders approved the Company’s application for conversion from a Qatari private shareholding company into a Qatari public shareholding company. Following the conversion of the Company, Mosanada intends to undertake a direct listing on the Main Market of the Qatar Stock Exchange according to the direct listing mechanism, subject to obtaining all required regulatory approvals. In addition, the shareholders approved a dividend distribution in relation to the 2024 financial results achieved, which will be paid to all shareholders owning shares in Mosanada on 8th February 2026. The total dividend amounts to QAR 42 million, equal to QAR 0.60 per share for each of the 70 million outstanding shares.

Mosanada is a leading provider of facility management services in the State of Qatar. The Company was established in 2013 as a joint venture between the Aspire Zone Foundation (“AZF”), Qatar Olympic Committee (“QOC”) and Cushman & Wakefield (Qatar) Holdings Pty Ltd, with the aim to fulfil the growing need in Qatar for specialised expertise in managing complex, high-profile assets, venues and infrastructure.

The Company primarily operates under long-term contracts ranging from 3 to 5 years, generating revenue through performance-based fixed fee arrangements, along with any variations mutually agreed with clients. In addition, Mosanada provides FM advisory and consultancy services on a shorter-term, one-off and ad-hoc basis. Mosanada operates in line with Shari’ah principles and has obtained a Shari’ah compliance certificate.

Further information and details on Mosanada’s intended listing on the Main Market of the Qatar Stock Exchange will be provided subject to the remaining regulatory requirements being completed and the respective approvals obtained from the competent regulatory authorities.