THE MIDDLE EAST’S

79. Qatar Fuel (WOQOD)

Country: Qatar

Sector: Retail

Managing Director & CEO: Saad Rashid AL-Muhannadi

Market Value: $4.1 billion

Sales: $7.7 billion

Profits: $300 million

Assets: $3.9 billion

WOQOD is the sole distributor of fuel products throughout Qatar. WOQOD has 125 petrol stations in operation. It will build four new petrol stations and one technical inspection center during the year 2025. WOQOD recorded its highest-ever annual fuel sales in 2024, reaching 11.3 billion liters for the first time in the company’s history. QatarEnergy held a 20% stake in WOQOD as of May 2025.

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79. Qatar Fuel (WOQOD)