Qatar Electricity & Water
Top 100 Companies in the Middle East 2021

SR.No: 83

Qatar Electricity & Water

Sector: Utilities

Date of Establishment: 1990
Country: Qatar
Managing Director and General Manager: Mohammed Nasser Al-Hajri

Sales: $710 million

Profits: $325 million

Assets: $4.7 billion

Market Value: $5.2 billion

Qatar Electricity and Water is the country’s main supplier of electricity and desalinated water. The Qatar government owns approximately 60% of the company. In 2021, the company, through its joint venture Nebras Power, expanded into Ukraine through the acquisition of six solar projects and a partnership agreement with UDP Renewables and UFuture. It also signed an agreement with Unique Hotel and Resorts to acquire 24% of Unique Meghnaghat Power Limited in Bangladesh.