Doha: Mazaya Real Estate Development Company, a Qatari public shareholding company, successfully turned its losses from the first half of 2024, which amounted to QR 75.438 million, into net profits of QR 37.06 million in the first half of 2025.

According to Qatar News Agency, figures released by the company and published on the Qatar Stock Exchange website revealed that Mazaya achieved earnings per share of 0.037 riyals for the period ending June 30, 2025. This is a significant improvement compared to a loss per share of QR 0.075 for the same period of the previous year.

Mazaya Real Estate Development Company, established in 2008, operates in various sectors including residential complex development and management, real estate investment, and land development for resale. The company also engages in construction, project management, real estate marketing, property management, maintenance, and brokerage services.