Real Estate & Financial Investments
Milaha manages a large portfolio of financial and property investments, which help maintain our underlying financial strength.
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About
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History
Milaha was established in 1957 as a public "shipping agency" characterized at that time with high credibility among its customers. In a short time, Milaha transformed itself into a leading and giant international prestigious company that provides trustworthy "Maritime & Logistics" services that attract its customers' confidence in GCC, the Middle East, and around the globe. As a heavy-scale and pioneering company, Milaha strongly focuses on providing integrated transport, marine services, and supply chain solutions. Milaha has owned an integrated "Shipyard & Fabrication" comprising and operating two floating docks, one Shiplift, and several extensive workshops facilities with the ability to carry dry dock and float repair work for vessels up to 230m LOA. The Shipyard, established in 1978 and located at Mesaieed Industrial City, offers various and efficient maritime services, repair and refit services to all types of vessels and yachts, not only in Qatar but also to entire GCC states and the international vessels dock at Doha ports.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Board of Directors
In a world of increasingly complex supply chains, unlocking synergies has been the key driver of our success over the years with each of our 5 strategic business pillars working together harmoniously to ensure every requirement of our clients and partners is satisfied, and every expectation is exceeded. Our reputation comes from our unwavering commitment to safety and quality; our financial and organizational strength; a diverse portfolio of the offering; and, most importantly, our dedicated colleagues.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Executive Management
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Core Values
We serve every client the best way possible and improve our service every day.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Fleet
When the company’s operations started in 1958, Milaha chartered several tugs and barges. Over the following years, the company’s fleet grew in number, size, and type of vessels, including owning and operating geared bulk and break bulk carriers. With the transformation of global freight and shipping methods from break bulk to containerized cargoes, the company decided to adapt to that change and started a new building campaign focused on a specialized container vessel. Today Milaha owns and operates a fleet of modern specialized container vessels which is among the largest in the Arabian Gulf and provides daily services to Hamad & Mesaieed Ports linking Qatar with the rest of the world.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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History
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Business Areas
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Maritime & Logistics
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Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Marine & Technical Services
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Offshore & Marine
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Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Gas & Petrochem
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Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Capital
Type
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Maritime & Logistics
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Investor Relations
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Overview
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Milaha Stock
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Financial Information
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Shareholder & AGAM
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Corporate Governance
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Useful Information
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Overview
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Media Center
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News & Magazine
Our news blog contains notifications, service updates, industry news and information on what is happening at Milaha.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Blog
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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News & Magazine
Capital
Milaha manages a large portfolio of financial and property investments, which help maintain our underlying financial strength, in addition to supporting the real estate requirements of our individual businesses.
Real Estate & Financial Investments
Real Estate Development & Property Management
Milaha owns a diverse portfolio of commercial and residential developments and land plots in Qatar.
The Extraordinary General Assembly Meeting of “Qatar Quarries and Building Materials Company (Q.P.J.S.C)” – A Subsidiary of Qatar Navigation Company (Q.P.S.C) – Decided to Reduce the Company’s Capital
22 September 2021Qatar Navigation Q.P.S.C (“Milaha”) announced that Qatar Quarries and Building Materials Company (P.J.S.C.)” (the “Company”) held its Extraordinary General Assembly meeting yesterday, whereas the Company’s Shareholders approved the Board of Directors’ recommendation to reduce the Company’s authorized and paid-up capital by an amount of QAR 44.5 million, which is 47%,…
Milaha Reports a 46% Increase in Net Profit for H1 2021
15 July 2021Qatar Navigation (Milaha) Q.P.S.C. today announced its financial results for the six months ended June 30, 2021. Key financial highlights: Operating revenues of QAR 1.37 billion for the six months ended June 30, 2021, compared to QR 1.23 billion for the same period in 2020 Operating profit of QAR 144…
Milaha Reports a 5% Increase in Net Profit for Q1 2021
22 April 2021Qatar Navigation (Milaha) Q.P.S.C. today announced its financial results for the three months ended March 31, 2021. Key financial highlights: Operating revenues of QAR 675 million for the three months ended March 31, 2021, compared to QR 692 million for the same period in 2020 Operating profit of QAR 131…
Milaha Signs Liquidity Provision Agreement with QNBFS
31 March 2021As part of its strategy to improve its shares trading liquidity by facilitating increased market depth and trading volumes, Qatar Navigation QPSC (Milaha) announces that it has entered into a liquidity provision agreement with QNB Financial Services (QNBFS) after obtaining Qatar Financial Markets Authority (QFMA) approval and in accordance with…
Milaha Reports QAR 59m in Net Profit for Full Year 2020
24 February 2021Qatar Navigation (Milaha) Q.P.S.C. today announced its financial results for the twelve months ended December 31, 2020. Key financial highlights: Operating revenues of QAR 2.27 billion for the twelve months ended December 31, 2020, compared to QAR 2.42 billion for the same period in 2019 Operating profit of QAR 279…
Milaha’s Extraordinary General Assembly Meeting Approved Reduction of the Authorized Capital
8 November 2020Qatar Navigation Q.P.S.C (“Milaha”) held an Extraordinary General Assembly meeting today, where the Shareholders approved retiring treasury shares to reduce the company’s capital by QR 9.08 million, so that the company’s authorized and paid-up capital will amount to QR 1.136 billion, equal to 1.136 billion shares of QR 1 each,…
Milaha Reports QR 271 million increase in Net Profit for the Nine Months Ended Sep 30, 2021
27 October 2020Qatar Navigation Q.P.S.C. (“Milaha”) today announced its financial results for the nine months ended September 30, 2021. Key financial highlights: Operating revenues of QR 2.0 billion for the nine months ended September 30, 2021, compared to QR 1.7 billion for the same period in 2020 Operating profit of QR…