“In the Name of Allah, the Most Gracious, the Most Merciful”
Respected Shareholders of Ezdan Holding Group
Success is the ultimate yield of hard work based on realistic vision and objectives. While, a superior strategy is the one capable of achieving set goals in a limited period of time, with the available means. The inevitable result of such strategy is a sweeping success as long as a wise plan is met.
Those are Ezdan Holding Group’s standards that govern our different decisions. One of our core believes is that the successful investment is the one able to adapt and cater to the demands of market. Effective implementation of plans lies on the ability of management to achieve sufficient flexibility to confront challenges that may face economy. Adopting this approach during the previous period, allowed the Group to reap outstanding results.
Dear brothers and sisters,
As we take fresh steps into a new year full of hopes, aspirations, plans as well as challenges, it is necessary to look back at the previous one to weigh our experience, and evaluate goals we have worked tirelessly to achieved. We have proved, in 2016 that Ezdan Holding Group is able to compete not only locally and regionally, but also globally. This was reflected by the high demand, exceeding 167%, for the Group’s first phase Sukuk issuance worth $500 million, as well as other funding sources compatible with our values that have been proven to be exceptionally successful.
Despite significant challenges due to global economic slowdown and its impact on the local market, the Group has never been dispirited to pursue its objectives. We made a promise and fulfilled it when we announced the partial launch of a number of projects. These developments will be completed in the near future to operate at full capacity, which we guarantee will have a positive impact on the Group's 2017 results.
The Group has ventured, in the previous year of 2016, into a new sector we deem highly promising. Following a clear vision and integrated plan, the Group announced its new brand, “Ezdan World”, which specializes in tourism, entertainment and commerce. We are confident that, with the grace of Allah Almighty, we will achieve a leadership position in this sector in the short term.
Perhaps, the Group’s financial results for the previous year are clear testament to its steady growth rate and stability it provides for its shareholders, recording profits exceeding QAR1.81 billion.
We, in Ezdan Holding Group do not seek profitability in isolation from the well-being of our society, and stability of its generations, but also dedicate all our resources for a better and more prosperous community under the wise leadership of His Highness Sheikh Tamim bin Hamad Al Thani, Emir of Qatar, may Allah protect him, who inspires all of us to be creative and innovative through his wise words that always point toward “Qatar deserves the best”.