These are the Top 5 Companies in Qatar by Revenue Growth

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Over the past five years, five Qatari companies have demonstrated remarkable revenue growth, significantly outpacing their peers.

Industries Qatar (IGRD) led the pack with an astounding Compound Annual Growth Rate (CAGR) of 59%. This growth took its revenue from QAR 475 million in 2019 to over QAR 3 billion in 2023.

Following closely, QAMCO (QAMC) achieved a CAGR of 50%, with revenue rising from QAR 90 million in 2019 to QAR 456 million in 2023.

Inma (IHGS) also posted significant growth, with a CAGR of 37%, increasing its revenue from QAR 9.75 million in 2019 to QAR 34.7 million in 2023.

Mekdam (MKDM) saw a CAGR of 33%, growing its revenue from QAR 170 million in 2019 to over QAR 526 million in 2023.

Lastly, Qatar German Co Med (QGMD) achieved a CAGR of 31%, with its revenue increasing from QAR 11 million in 2019 to QAR 33 million in 2023.

These companies have demonstrated strong performance and resilience, achieving substantial growth in revenue over the past five years.

These companies’ ability to expand in a competitive market highlights their successful strategies and market positioning, making them noteworthy examples of growth within Qatar’s economy.

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