Milaha provides diversified maritime and logistics solutions with activities including Maritime and Logistics, Gas and Petrochem, Offshore Marine, Marine and Technical Services, and Capital. As the oldest shipping company in Qatar with proven capabilities, Milaha serves various Qatari sectors including oil and gas, and is expanding into defense services.
Cyborg Score Rationale
With a market cap of $3.49B and trailing 12-month revenue of $913M as of December 2025, Milaha demonstrates solid scale. Recent results show momentum with QTerminals improving performance, though geopolitical headwinds impact volumes. The company's diversified business model across segments provides resilience.
Top Insights
QTerminals reported direct income of QR 52 million (up from QR 23 million year-over-year) with revenues up approximately 7%, indicating improving asset utilization
Geographically operates in Qatar, Singapore, UAE, Germany, and India, with maximum revenue from Qatar, providing diversification with home market focus
Signed 5-year stevedoring services agreement with Qatar Steel demonstrating strategic positioning to support domestic industrial projects
Company has 2,500 total employees supporting operations across multiple business segments
Named Competitors
Offshore Support Services — Private equity-backed offshore support services provider
Regional Maritime & Logistics — Competing maritime and shipping services across Middle East region
Recent Developments
(January 2026) 2025 Annual financial results disclosed with AGM scheduled for February 17, 2026
(July 2024) Signed 5-year stevedore services agreement with Qatar Steel for logistics support at Mesaieed Industrial City