QATAR EXCHANGE (QE)Trading Hours: Sun - Thu 9:30 am-1:15 pm

Mannai Corporation MCCS
MCCS 1.13%
Industrials 1.73%
QE 0.08%
Last Value
% Change
Price in QAR Last Update : 27 Oct 2016 1:30 pm (local time)


Corporate Details
Symbol MCCS
Exchange Qatar
Sector Industrials
Auditors Deloitte & Touche
Company Description

Mannai Corporation (MCCS) is one of the largest trading and service companies in Qatar representing large brands and with interests across various sectors from offshore rigs to telecommunications.Qatar Investment & Projects Development Holding Company. (QIPCO) is the largest shareholder of the firm.

Company Activities

The core activities of the company and its 20 subsidiaries include engineering services to the oil & gas sector, automotive and heavy equipment distribution and service, information and communication technology, office systems, home appliances and electronics, logistics and warehousing, geotechnical, geological, environmental and material testing services, facilities management services, travel services, trading and representation.

Equity Profile
Date Established Jan 26, 1963
Listing Date Aug 8, 2007
Paid-up Capital (QAR) 456,192,000
Outstanding Shares 45,619,200
Shares Per Value 10
Contact Information

Ramada Junction, Salwa Road, P.O. Box 76, Doha, Qatar

+974 4455 8888

+974 4455 8880



Company History

The Company began its operations as an auto parts trader, the Mannai Group later expanded its activities ranging from offshore rigs to telecommunications, with interests in many parts of the world. Mannai Group went through a restructuring in 2004 and in December 2005, it became a member of the QIPCO Holding when a majority of its equity was acquired by Qatar Investment & Projects Development Holding Company. In August 2007 Mannai Corporation was listed in the Qatar stock Exchange. QIPCO Holding remains Mannai's largest shareholder. In 2011, Mannai acquired a 35% stake interest in Axiom. In 2012, Mannai acquired a majority interest in Damas Jewelry.

Board Members & Senior Management
Sheikh Hamad Bin Abdullah Bin Khalifa Al Thani Chairman
Sheikh Suhaim Bin Abdulla Bin Khalifa Al Thani Vice Chairman
Mr. Alekh Grewal CEO
Mr. Mohamed Ali M. Al Kubaisi Board of Directors
Mr. Ali Yousef Kamal Board of Directors
Mr. Rashid Fahad Al-Naimi Board of Directors
Mr. Khalid Mannai Board of Directors
Mr. Keith Higley Board of Directors
Mr. Said Abu Odeh Board of Directors
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