In The Name of Allah the Most Gracious and the Most Merciful
By the year 2016, Ezdan Holding Group celebrates more than 55 years of success and growth. The Group has been able to surpass considerable challenges in the investment field with an unrivalled performance in a world submerged in turmoil and financial instability.
Our 2015 results emphasize the fact that Ezdan Holding Group has beaten the forecasts that expected the investment sector to suffer as a result of the global recession resulting from the massive drop in oil prices, which negatively affected other vital sectors, in addition to regional volatility upsetting financial markets.
We have a great confidence in the future thanks to our performance over the last few years. This confidence stems from the latest changes we have introduced to the structure of the Group, making it a force to be reckoned with. We expect stability in our growth pace with high profit rates, as well as a larger expansion in international financial markets. Especially after the Group’s remarkable yearlong performance in the stock exchange, its inclusion in the MSCI emerging markets index, and leading the real estate traded shares on the Qatar Exchange during 2015, in complete compliance with the market laws in regards to disclosure and integrity.
These positive indicators predict an eventful year, during which Ezdan will spearhead the investment sector in the state of Qatar. Moreover, launching our operations, under construction projects, or developing our assets in thoughtful manner would further strengthen the financial position of the Group and its brand in the construction and real estate sectors, among others.
Ezdan’s robust performance throughout all the important turning points that we have experienced during the previous year, and which have left significant impact in the performance of institutions and companies of the region, makes us feel with unlimited confidence in the Group’s operational performance to achieve great success in its existing and under construction projects.
Ezdan’s success in reaping profits of such magnitude is a testament to the efficiency of pre-emptive studies of the state of investment that the Group has developed during the previous year. Ezdan took into account market data, profit and loss factors, and was able to develop solutions to avoid any undesirable effect of the recession situation. Such measures included strategic and thoughtful decision-making regarding the distribution of Group stakes in sister companies, joint- operations, injecting investments in the financial markets, as well as moving forward with diversifying the Group’s investment to disperse the risks, according to the plan that we have implemented to enhance the financial performance and contribute to the national economy.
We believe we have fulfilled our promise to make of Ezdan an ample investment entity that supports the state’s economy under the wise leadership of His Highness Sheikh Tamim bin Hamad Al-Thani, Emir of Qatar. We have been able to build a business entity that focuses tremendously on achieving remarkable profits for shareholders without neglecting its social responsibility, and today, thanks to Allah Almighty, we are deeply contented to see the results reflected on the community.
May Allah bless you
H.E. Sheikh Dr. Khalid bin Thani Bin Abdullah Al-Thani
Chairman of Ezdan Holding Group