QEWC Rebrands as Nebras Energy, Marking a New Era of Growth in Qatar’s Energy Sector
Qatar Electricity & Water Company (QEWC) has officially rebranded as Nebras Energy, signalling a major strategic evolution built on a 35-year legacy of powering Qatar’s electricity and water security and more than a decade of international expansion. Listed on the Qatar Stock Exchange, the transformation represents more than a name change. It reflects a forward-looking vision designed to position Nebras Energy as a more agile, globally oriented energy company while preserving continuity, stability, and stakeholder trust. From National Utility to Global Energy Platform Established by Amiri Decree No. 58 of 1990, QEWC has played a foundational role in supporting Qatar’s rapid economic and social development. Over the past three decades, it has grown into one of the largest power and water utility companies in the MENA region, with a diversified asset base spanning domestic and international markets. Under its new identity, Nebras Energy emerges as a brand that reflects flexibility, resilience, and long-term ambition—aligning with Qatar’s broader energy transition and global investment strategy. Leadership Vision for the Next Chapter Commenting on the rebranding, H.E. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and Chairman of Nebras Energy, said the company has been a cornerstone of Qatar’s electricity and water security for more than three decades, extending its reach across global markets. He noted that the move to Nebras Energy represents a decisive step toward broader horizons of growth and development, supported by a new visual identity that clearly reflects the company’s future vision. He also praised the leadership, executive management, and employees for their continued commitment to strengthening Qatar’s international energy partnerships and advancing sustainable growth. Ensuring Continuity While Accelerating Growth Marking this pivotal milestone, Managing Director and CEO Mohammed Nasser Al-Hajri emphasised that the rebranding reinforces the company’s core mission while positioning it for long-term success. He highlighted that the transition ensures seamless business continuity, honours all existing commitments, and strengthens the company’s role in advancing Qatar’s electricity and water sector. Strong Assets, Global Reach Nebras Energy’s portfolio in Qatar reflects a robust and diversified production base, supported by joint ventures and Nebras Power, its wholly owned international investment arm. The company’s operational capacity currently stands at: These assets underpin Qatar’s energy and water security while supporting Nebras Energy’s growing international footprint. Governance and Next Steps The company’s new visual identity and rebranding will be presented to shareholders at an Extraordinary General Assembly meeting on 8 January 2026, where final approval will be sought. A Future-Focused Energy Leader As Nebras Energy, the company enters a new chapter aligned with Qatar’s long-term economic and energy objectives—focused on sustainable growth, international investment, and reliable infrastructure delivery. The transformation reinforces Qatar’s position as a trusted global energy partner and highlights how legacy institutions can evolve to meet the demands of a rapidly changing energy landscape. Â
QSE Index 14.1% Above May’s Lowest Level Despite Weekly Decline
Doha: The Qatar Stock Exchange (QSE) index ended the week with a 1.07% decline, losing 113.44 points to settle at 10,455 points, compared to last week’s close. The drop was primarily driven by the industrial sector, which saw the largest decline of 2.04%, followed by the services and consumer goods sector with a 1.09% decrease, and the real estate sector at 1.05%. Despite the weekly decline, financial markets analyst Youssef Bouhlaika highlighted that the QSE index is currently 14.1% higher than its lowest level on May 30, 2024, and 3.5% lower than its highest point in the past 52 weeks. Market Movements and Trading HighlightsBouhlaika noted that the QSE index is moving within a sideways range between 10,400 and 10,500 points, with a focus on maintaining support levels. Investors are closely watching the resistance range of 10,800 to 11,000 points as a potential breakout zone. In Thursday’s session, the general index rose 0.34%, gaining 35.04 points to close at 10,455 points, slightly recovering from Wednesday’s level. Key trading highlights from the session include: Ezdan Holding led trading volumes with 16.81 million shares traded.QNB stock topped liquidity activity with a total value of QR 49.8 million.Total trading values for the session increased to QR 389 million, up from QR 363 million on Wednesday.Trading volumes grew marginally to 134.59 million shares, compared to 133.34 million shares in the previous session.OutlookThe QSE index continues to navigate within a narrow range, seeking stability amid market pressures. Analysts suggest that breaching the resistance levels near 10,800-11,000 points could signal a bullish trend, while maintaining support at 10,400 points remains crucial for investor confidence.
