Qatar’s Estithmar Holding launches 6 new companies in growth sectors

By Arya M Nair, Official Reporter
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Estithmar Holding signs deal with National Investment Commission
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Estithmar Holding, a Qatar-based dynamic group of companies offering reliable, sustainable and quality services to companies across a diverse range of sectors, has revealed that some of its subsidiaries have established 6 new companies in different sectors including, tourism, entertainment hospitality and catering.

The 6 newly established entities are the result of Estithmar Holding’s rapid expansion across several sectors, particularly in promising and high-demand industry sectors, which ultimately leads to an increase in the company’s revenues and profits.

The new companies’ names are;

  1. The Palace Hotel: owned by Estithmar Ventures Real Estate Development.
  2. Tilal Hotel: owned by Estithmar Ventures Real Estate Development.
  3. Cuizina Doha Catering Services: owned by Elegancia Catering, and Cuizina S.A.L
  4. TW Hospitality and Public Events Management: owned by Elegancia Catering, and Touch Wood.
  5. Saddle House Hospitality: owned by Elegancia Catering.
  6. Destinations Development and Events: owned by Estithmar Ventures Real Estate Development.
Henrik Christiansen
Henrik Christiansen
Group CEO
Estithmar Holding

“Estithmar Holding’s futuristic strategy is constantly striving to rapidly grow and increase the shareholders’ value. We created a more effective and dynamic framework to manage our projects in harmony and offer high-quality services to our clients throughout Qatar.”

Last April, Estithmar Holding entered into a strategic reorganization of its businesses into 5 sectors, Services, Contracting, Industries, Healthcare and Ventures, accommodating 45 different companies.

Estithmar Holding actively promotes the sustainable development of communities through its adherence to environmental, social and corporate governance (ESG).

The country is set to host major events for the month of June, from human capital management, music, construction technology and building materials exhibition, hospitality, air transport summit, to sports tournaments, which is expected to accelerate its hospitality and tourism sector.

Related: Qatar’s IHG plans to launch 2 new projects in Healthcare sector