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Estithmar Holding
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OrganisationQA

Estithmar Holding

Qatari construction and investment holding company.

Estithmar Holding operates across Qatar’s construction, industrial and healthcare sectors. On 24 September, a data-centre update named the group as winner of MEEZA’s AI data-centre contract.

Last refreshed: 24 September 2026 · Appears in 1 active topic

Background

Estithmar Holding brings construction and investment interests together in Qatar. Its portfolio spans industrial and healthcare activity alongside work for commercial and infrastructure clients.

Elegancia Contracting & Industries serves as the group’s contracting Arm. The business undertakes integrated contracting and industrial work, including site preparation, mechanical and electrical works, and related infrastructure delivery.

Those activities place Estithmar Holding among companies that supply Qatar’s built environment and industrial projects. The group’s mix of contracting and investment activity links operational delivery with longer-term sector interests.

Common Questions
What did Estithmar Holding win a contract to build?
Estithmar Holding's contracting Arm, Elegancia Contracting & Industries, won a contract worth more than 500m Qatari riyals to build an AI data centre for MEEZA, announced in September 2026.Source: Mugglehead
What is Estithmar Holding?
Estithmar Holding is a Qatari contracting and investment group listed on the Qatar Stock Exchange under the ticker IGRD.Source: Mugglehead
How much is Estithmar Holding's MEEZA data centre contract worth?
The contract, awarded to Estithmar's Elegancia Contracting & Industries Arm, is worth more than 500m Qatari riyals; no capacity or completion date has been disclosed.Source: Mugglehead
Source Material
Estithmar Holding MEEZA data centre contract

Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 24 September 2026. Editorial standards.