16/12/2025 05:47 AST
Mosanada Facility Management Services officially made its debut on the Qatar Stock Exchange (QSE) Monday, marking a milestone in the country's post-2022 FIFA World Cup economic legacy.
Established in 2013 to manage Qatar's major venues, Mosanada has grown into one of the region's most specialised facilities management (FM) companies. Its listing at the QSE Monday represents not only a new chapter for the firm but also a signal of confidence in Qatar's capital markets, CEO Mark Cooke told Gulf Times.
He explained that Mosanada specialises in managing complex, high-profile venues and infrastructure, particularly in preparation for large-scale events. The company's portfolio includes stadiums, cultural sites, and public facilities central to Qatar's national events calendar, Cooke pointed out.
"Our company's expertise was showcased during the 2022 FIFA World Cup and Expo 2023 Doha Qatar - projects that cemented our reputation for delivering world-class facilities management," Cooke emphasised.
Speaking on the sidelines of the event, Cooke described the moment as transformative: "Now that we're listed, the opportunities just open up all sorts of doors in relation to potentially leveraging the market to look at potential acquisitions, venturing into new markets like Saudi Arabia, which obviously have a 2034 FIFA World Cup."
Cooke also noted that Mosanada's "track record gives the company credibility as it explores regional expansion." Asked what feedback he had received from investors and analysts about Mosanada's market positioning, Cooke said: "The response has been positive."
He said, "The feedback we've had locally is that we're quite unique as a facility because what we do is very much consultancy, advisory. Over the 10 years that we've been in operation, we've been highly cash generative; we've paid significant dividends to our three shareholders when we were a closed stock company. I think the opportunity now of the FM market in Qatar is strong, so we're very positive, and this just adds to what it is we're trying to achieve."
Cooke emphasised that Mosanada's listing is not only about growth but also about maintaining investor confidence. On balancing short term shareholder expectations with long term operational goals, he said: "All shareholders buying into Mosanada are the same as the three original shareholders had expectations.
"We have a very robust strategy in place for the next five years that, if we can adhere to half of it, then the shareholders should hopefully see capital growth in their investment. But we've continuously paid dividends year-on-year. We don't intend to change that approach."
Cooke emphasised that Mosanada's journey from inception in 2013 to public listing in 2025 reflects both resilience and ambition: "We've done extremely well, we're very proud of what we've done, but the great thing is we think there's so much more that we can still do."
Gulf Times
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