Qatar Mining

Qatar Mining Company (QM), wholly owned by the State of Qatar, was established in 2010 to undertake targeted, value accretive investments that maximize value for the State of Qatar through partnerships and investments in the mining and metals sector.

To date, QM has established two major projects. One is a subsidiary exploring in Sudan, with the project currently at an advanced exploration stage on a copper/gold porphyry deposit. The other project is a steel plant joint venture in Algeria.

The immediate focus in QM is to safeguard the value creation opportunities in these two projects. In the medium to long term QM will explore opportunities for investment in partnerships in the different stages of the mining industry, being open to investment in opportunities as they occur around the world while at the same time maintaining its strategy of geographical diversification.

The company will create long term value for the State of Qatar by contributing to the diversification of the economy and increasing non-hydrocarbon revenues through investments in mineral projects in various jurisdictions.

Sustainability and transparency are at the heart of QM. We are committed to the health and safety of our people and the sustainability of the environment and communities in which we operate.

Khalid Al-Obaidli

Chief Executive Officer

CEO Message

It gives me great pleasure to introduce Qatar Mining, a company established by the Government of Qatar to undertake targeted investments in the mineral resources sector. The company’s corporate philosophy is to acquire assets across the value chain, from grassroots exploration plays to operating mines to high-end downstream producers. The company follows a fair market acquisition approach to ensure value for its principle shareholder. Opportunities that offer early returns on investment are favored, as is risk reduction through commodity, project status and jurisdictional diversification.

I believe strongly that a company’s prime asset is its people and I am pleased to say that we have sourced the best of the best. Qatar Mining’s senior management team has extensive hands-on experience in exploration, mining and resource project investment and most of the team has held executive level positions in major multi-national player in their fields. The company has developed key relationships with a wide range of major industry players and government stakeholders.

I am confident that Qatar Mining has the vision, drive and strategic focus to deliver on its mandate and become a global investor in the mining industry.

Board of Directors

H.E. Sheikh Faisal Bin Thani Al Thani


H.E. Sheikh Faisal Bin Thani Al-Thani is head of Regional Portfolios at Qatar Investment Authority (QIA).

QIA is the sovereign wealth fund of the State of Qatar, and in his role Sheikh Faisal is responsible for investments in Southeast Asia, Africa, Latin America and the Middle East.

Sheikh Faisal previously held the position of Chief Investment Officer at Qatar Foundation Endowment. He also played a key leadership role in the Investment Department at Qatar Central Bank.

In addition, Sheikh Faisal currently holds Board roles at Qatar Insurance Company, Ahli Bank, Qatari Diar and Chairman of Qatar First Bank.

Sheikh Faisal holds an undergraduate degree in Business Administration from Marymount University, Virginia, USA and an Executive Masters in Business Administration from HEC Paris.

Ali Bin Hassan Al-Muraikhi

Vice Chairman

Mr. Ali Al Muraikhi had been the Managing Director & General Manager of Qatar Steel Company after being a Director & General Manager since November 2010.
He became Vice-Chairman of Foulath Holding Company, Bahrain in February 2014 and was also an active Board Member of Bahrain Steel, one of its associate companies. Besides, he was a Board Member of SOLB Steel in KSA where Qatar Steel has 31.03 % equity participation, and also served as Vice-Chairman of Qatar Mining Company, a major shareholder in a steel project JV in Algeria. Further, Mr. Al Muraikhi has been an appointed Board Member of Industries Qatar (IQ).

Mr. Al Muraikhi has been associated with Qatar Steel Company since 1981 where he started his career as a Trainee and grew up rapidly and held various managerial positions responsible for Personnel, Sales and Marketing. Subsequently, he served as the Commercial Division Manager since January 2003. His contribution to the growth of Qatar Steel Company over the years serving Qatar and export markets has catapulted him to spearhead the company as Managing Director & General Manager.

With his wide experience in the steel industry for over 3 decades as a visionary, he had set his priorities to contribute to national growth, community services, and drove the company’s growth strategy through expansions and alliances. He was an active member and participant in coordination and business meetings among GCC manufacturers and in Steel conferences like IREPAS, Metal Bulletin and Arab Steel Summit.

Born in 1958, Mr. Al Muraikhi holds a Bachelor’s degree in Sociology and Social Work (1977-1981) from Qatar University and an MBA (1985-1986) from Sacred Heart University, USA.

Khalifa Jassim Al-Kuwari


Mr. Khalifa Jassim Al-Kuwari is the Director General of the Qatar Fund for Development, managing the State of Qatar’s foreign aid and international development activities. Since 2014, he led the establishment, strategy-setting, operationalization, partnerships, and funding programs of the Qatar Fund for Development in various developing countries.

Previously, Mr. Al-Kuwari was the Chief Operating Officer of the Qatar Investment Authority (QIA), where he oversaw the entire business support infrastructure and led several initiatives to improve the performance of support functions. Prior to that,, Mr. AI­ Kuwari was the QIA Executive Director of Joint Venture and International Business, where he managed the investment joint ventures and government-to-government relations.

He has been appointed to the boards of leading companies and institutions such as Harrods, Volkswagen Group, Fairmont Raffles Group, Songbird Real Estate, Qatar Exchange, Katara Hospitality, and Mowasalat. He was also appointed Chairman of the Board of Directors of the Islamic Bank of Britain, and Qatar and Algeria Investment. Mr. Al-Kuwari is a member of the Board of Directors and Chairman of the Audit Committee of Qatar Mining Company. He is also interested in social work within the State of Qatar, and he was elected to the Board of Directors of Qatar Foundation for Social Work, which includes social institutions such as Nama, Ehsan, Shafallah, Dreama, Wifaq, and Aman. Mr. Al Kuwari is the president of Qatar Leadership Centre Alumni Association Council.

Mr. Al-Kuwari started his career as an accountant and investment manager, and handled various responsibilities at the Qatar Central Bank and Ashghal & Urban Planning Authority. He acquired in-depth experience in accounting, auditing, financial analysis, and investment management.

Mr. Khalifa Al-Kuwari holds an Executive MBA in Business Administration from the London Business School in UK, an MBA in Accounting from Cleveland State University in the USA and a Bachelor of Business Administration from Qatar University. He graduated from the Leadership Development Program at Harvard Business School in the USA and Qatar Leadership Center. Mr. Al-Kuwari also passed the Chartered Accountants’ Examination in Ohio, USA.

Sultan Al-Saadi


Mr. Al- Saadi joined Qatar Investment Authority in March 2010. He is currently a Director within the Regional Portfolios Department, which has the mandate to invest in emerging and frontier markets. His role is to manage the investment operations and activities and assist the Head in developing and executing the strategic plans and coordination of necessary resources required to achieve the department goals with the objective of maximizing the return of investments. Also to provide oversight to the functioning, monitoring and performance analysis of the portfolio to ensure they are aligned with QIA’s long terms strategic objectives.

Mr. Al- Saadi has over 16 years of rich experience working in both the Government and Private Sectors covering industries including Oil & Gas, Real Estate and Financial Services.

Mr. Al- Saadi earned a Bachelor of Science degree in Electronics Engineering with a minor in Mathematics from the University of Arizona, USA in 2002.

Mohammed Khalifa Al-Jalahma


Mr. Al-Jalahma is a Director in the Commodity Department at Qatar Investment Authority (QIA). He began his career in the petrochemical/oil and gas sector at Qatar Chemical Company (QCHEM) and Shell Pearl GTL for nine years before joining QIA In October 2012. Besides, Qatar Mining; Mr. Al-Jalahma also sits on the boards of directors of local and international companies like MSCQ, Hassad Food, NGP-USA and Qatari Algerian Investment Company in Qatar, Daffar Hospitality & A’Saffa Food in Oman and Nuran Bank in Libya.

Mr. Al-Jalahma has an EMBA from HEC Paris and a Bachelor degree in Science in Chemical Engineering from Qatar University. Mr. Al-Jalahma personal qualifications and trainings includes technical trainings, mining projects, project management, leadership and technical reporting. Add to that Mr. Al-Jalahma attended courses at Harvard business school and Wharton School of the University of Pennsylvania.


Khalid Al-Obaidli

Chief Executive Officer

Mr. Al-Obaidli was appointed as Chief Investment Officer for Qatar Mining from 2011 till March 2018. In April 2018, the Board of Directors appointed him as Chief Executive Officer of Qatar Mining.

He is also serving as chairman of QSI and as Director on the boards locally and worldwide in organisations such as Tadeen Cyprus and AQS.

Mr. Al-Obaidli began his career in the oil and gas sector six (6) years with Qatar Petroleum Company (QP) and eight (8) years with Dolphin Energy Qatar.

Mr. Al-Obaidli has earned his Master of Business Administration degree (MBA) from France and bachelor degree (B.Sc.) in Mining & Geological Engineering from the University of Arizona, USA. In addition, he attended several local and international training.

Our Mission

We drive Qatar’s foreign investments in mining and metals.

Our Vision

To maximize value for the State of Qatar through partnerships and investments in the mining and metals sector.

Our Values

While Qatar Mining’s aim is to meet the high expectations of the State of Qatar, society, employees, suppliers and customers, we are committed to:


we are committed to zero harm policy


we strive to deliver outstanding business results for the State of Qatar


we focus on areas where we can add significant value

Fairness, honesty and transparency

we treat others in all our business dealings the way we want to be treated


we respect all members of the society, regardless of their ethnicity, religion or gender

About Qatar

Qatar is a peninsula of 11.437 sq. Km. located halfway down the west coast of the Arabian Gulf. The Emir, His Highness Sheikh Tamim Bin Hamad Al Thani, is the ruler of Qatar and is the head of the constitutional authorities, holding both legislative and executive powers.

Hydrocarbon-based industries have given Qatar one of the highest per capita incomes in the world and made it one of the fastest-growing economies. Displaying an enlightened approach to sustainable development, Qatar is channeling its wealth not into trophy assets but into funding the advancement of culture, science, and education. Its strategic path towards a post-hydrocarbon economy will be through a vibrant, knowledge-based society.

Energetic and ambitious, the State of Qatar has emerged to become one of the most forward-thinking nations in the Middle-East, with increasing regional and global influence. Latest estimates put Qatar’s population at more than 2.6 million.

By 2030, Qatar aims to be an advanced society capable of sustaining its development and providing a high standard of living for all of its people. Qatar’s National Vision defines the long-term outcomes for the country and provides a framework within which national strategies and implementation plans can be developed.

For more information on Qatar National Vision 2030 and Qatar National Development Strategy