QATAR: Conglomerate Estithmar Holdings, which recently made history by becoming the first local firm to issue Sukuk in local Qatari riyal, announced a net profit of QAR170 million (US$46.7 million) for Q1 2025, up 50% compared to the same period last year, while revenue rose 64% to QAR1.31 billion (US$359.62 million). The group’s healthcare cluster posted significant growth with contributions from hospitals in Algeria, Libya and Iraq – supported by earnings in the other main sectors of services, tourism and real estate.
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