The Group was initially established as a Qatari limited liability company on March 29, 2018,. On June 30, 2021, the final approval of the transformation into a Qatari public shareholding company was approved by the Ministry of
Commerce and Industry pursuant to Ministerial Resolution (45) for the year 2021. On July 8, 2021,
the Group was approved to list on the second market of the Qatar Stock Exchange, where the
trading of its shares started on Aug 2, 2021. As a result of the outstanding performance and absolute
commitment to the requirements of the regulatory authorities.