MAZAYA REAL ESTATE DEVELOPMENT (QPSC) disclosed its financial statements for the period ended on September 30, 2023. The statements show that the net profit is (QR 21,544,513) compared to net profit amounting to (QR 32,192,431) for the same period of the previous year. The earnings per share amounted to (QR 0.019) for the period ended… Continue reading MAZAYA REAL ESTATE DEVELOPMENT (QPSC) DISCLOSES ITS FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2023
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Disclosure on Court Decision
Mazaya Real Estate Development Company Q.P.S.C. (“Mazaya”) discloses the issuance of a ruling in Appeal No. 174/2023 in the appeal raised by Mazaya against QFMA’s decision to fine Mazaya QR 200,000. The Court of Appeal has rejected Mazaya’s appeal obligating Mazaya to pay the fine. Mazaya has instructed their external legal counsel to file for… Continue reading Disclosure on Court Decision
Discloses the ruling of the Court of Cassation
Mazaya Real Estate Development Company Q.P.S.C. (“Mazaya”) discloses the ruling of the Court of Cassation No. 756 of 2023, where the court ruled on 19/09/2023 to appeal the ruling issued by the Court of Appeal in Case No. 78 of 2020 on 11/04/ 2023 related to the ongoing dispute with Sinohydro Corporation Limited. Thus, the… Continue reading Discloses the ruling of the Court of Cassation
Announcement of Financial Statements for the period ended September 30, 2023
Mazaya Real Estate Development announces that Sunday October 15, 2023, is the date to announce the financial statements for the period ended September 30, 2023.
Summer Training Program for 2023
Mazaya Real Estate Development recently concluded its Summer Training Program for 2023. With this program, we aimed to equip our young trainees with various administrative and technical skills essential for their future careers. We are glad that our trainees expressed their admiration towards this program and gained practical skills that would enable them to excel… Continue reading Summer Training Program for 2023
Announcement of the Financial Statement for the period ended June 30, 2023
Mazaya Real Estate Development Company discloses the interim financial statements for the three-month period ended June 30, 2023. The statements shows that the net profit is QR 14,885,364 compared to net profit amounting to QR 20,445,690 for the same period of the previous year. The earning per share amounted to QR 0.013 for the period… Continue reading Announcement of the Financial Statement for the period ended June 30, 2023
Launch of The Voya Tower project in on the waterfront in Lusail City
Mazaya Real Estate Development Company, in partnership with Al-Namaa Real Estate Development Company, has announced the launch of the Voya Tower project on the waterfront. The residential tower stands out with its modern design and stunning views of the Lusail waterfront and its diverse facilities. Voya Tower provides easy access to all tourist, recreational, and… Continue reading Launch of The Voya Tower project in on the waterfront in Lusail City
purchase of a plot of land in Al Kharaej
Mazaya Real Estate Development Q.P.S.C. announces the purchase of a plot of land in Al Kharaej area in Lusail City, and the value of the transaction is Twenty Million Qatari Riyals. The company’s management is currently working on finalizing the designs of the projects that will be developed on the plot.
Extra Ordinary General Assembly meeting
The Extra-Ordinary General Assembly Meeting for Mazaya Real Estate Development was held on Wednesday, May 17, 2023, at 4:30 pm Via Zoom cloud meetings. and discussed & approved the below agenda: The first item: The reduction of the company’s capital and the cancellation of 157,625,000 shares, equivalent to QAR 157,625,000, which represents 13.61% of the… Continue reading Extra Ordinary General Assembly meeting
Announcement of Financial Statements for the period ended March 31, 2023
Mazaya Real Estate Development announces that Thursday April 13, 2023, is the date to announce the financial statements for the period ended March 31, 2023.