Doha: Mazaya Real Estate, a Qatari public shareholding company, reported today QR 8.184 million in profits for the first quarter of 2026, a significant decrease compared to QR 26.796 million during the same period of 2025.

According to Qatar News Agency, data published by the Qatar Stock Exchange today revealed that earnings per share for the first quarter of 2026 were QR 0.008, down from QR 0.027 in the same quarter of 2025. This indicates a considerable decline in the company's profitability over the past year.

Mazaya Real Estate Development, established in 2008 with a capital of one billion riyals, remains active in multiple areas. The company focuses on the development and management of residential complexes, real estate investment, land development, construction, project management, and brokerage services. Despite the recent financial downturn, Mazaya continues its diverse operations in the real estate sector.