Mannai Corporation - MCCS

Activities

Mannai Corporation, established in 1950, has grown to become one of Qatar's largest trading and service companies. With a rich history that began as an auto parts trader, Mannai has diversified its portfolio to encompass a wide range of sectors. The corporation is known for its commitment to innovation, excellence, and providing long-range economic benefits to its stakeholders. Mannai's operations are broadly categorized into trade and services, covering industries such as oil and gas, automotive distribution, information and communication technology, retail, home appliances, electronics, travel services, logistics, and representation.

The company's success is attributed to its shared values and core competencies in commerce and technology, which have fostered an environment of continuous innovation. Mannai Corporation prides itself on its ability to deliver superior services and solutions to a rapidly expanding client base, ensuring that each division and subsidiary operates to high standards and is fully committed to providing outstanding levels of service.

Mannai's vision is to be the most dependable business partner through exceptional service and added value. Its mission is to create an environment that attracts and retains a team of talented professionals who will place Mannai at the forefront of its chosen markets. The corporation's strength lies in the interactive cooperation between its operating companies, which work together to uphold the group's reputation for integrity and trust with partners worldwide.

In its journey of over seven decades, Mannai Corporation has achieved significant milestones, including restructuring its business in 2001 to focus on Qatar's economy and divesting overseas interests. This strategic move was followed by a successful restructuring that allowed its trading and services subsidiaries to deliver sustainable quality earnings. In 2005, Mannai became a member of Qatar Investment & Projects Development Holding Company (QIPCO Holding), and in 2007, it was listed on the Qatar Exchange.

Mannai's growth has been further bolstered by key acquisitions, such as a 35% stake in Axiom Telecom in 2011 and a majority interest in Damas International LLC in 2012, which became a fully owned subsidiary in 2014. These strategic decisions have enabled Mannai to enhance its service offerings and expand its market presence.

As Mannai Corporation continues to evolve, it remains dedicated to its purpose of delivering superior economic benefits and maintaining a spirit of innovation in all aspects of corporate life. The company's enduring success is a testament to its ability to adapt, innovate, and maintain a strong commitment to its customers, shareholders, employees, and the communities it serves.