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Gulf Warehousing Company (GWC) reported net profit of QR33.7mn on gross revenues of QR318mn in the first quarter (Q1) of this year.The group’s operating plan saw January and February record net profit above plan, before the onset of regional disruption in March. Earnings per share for the quarter stood at QR0.058.March saw significant geopolitical turmoil that resulted in an 86% drop in vessel traffic in the Strait of Hormuz and no large carriers calling at Hamad Port, GWC said.Qatar’s airspace was suspended between February 28 and March 4, eliminating over 3,000 tonnes of daily air freight capacity, while offshore oil and gas projects were also halted, it added.Despite far-reaching impacts of the severe supply chain stress the GCC (Gulf Co-operation Council) has experienced, and a rapidly changing landscape, GWC Group continued to focus on ensuring the safety of its people, fulfilling its commitments to its customers and safeguarding the continuity of supply chains in Qatar and the region.In Q1 2026, the group responded across three distinct corridors. In partnership with the Qatar government to safeguard strategic food supplies, GWC Group arranged dedicated vessel capacity to the GCC, with goods distributed onward through its warehousing assets in Oman and Jeddah to Qatar, the UAE, Bahrain and Saudi Arabia.The group also activated an air-land corridor via Riyadh, connecting air freight with its bonded cross-border land transport network to move essential food cargo into Qatar. Separately, for the first time, GWC Group operationalised a fully TIR-powered air-to-land corridor at Hamad International Airport, enabling Doha to serve as a regional redistribution hub for supply chains across all five GCC markets.“What unfolded in March tested every part of our organisation, and our people rose to meet it. Since our founding, GWC Group has held to one clear principle: to be present, reliable and responsible for Qatar and the region when it matters most," said Sheikh Mohammed bin Hamad bin Jassim bin Jaber al-Thani, GWC Group chairman.Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani, GWC Group managing director, said when disruption struck, it worked with the government to secure strategic food supplies through a dedicated sea corridor into the GCC alongside new land and air routes."We activated three corridors simultaneously and built end-to-end supply chains in real time — leveraging our warehousing in Oman and Jeddah, our bonded land network through Saudi Arabia, and our regional reach into the UAE to move essential goods into Qatar and onward across the GCC," said Matthew Kearns, GWC Group CEO.GWC Group continued its regional expansion with a focus on Saudi Arabia, where its Jeddah facility is already supporting its operations.The group is progressing additional near-term leasing in Riyadh and Dammam and evaluating longer-term, demand-led options to expand its Saudi footprint in step with client demand.Its global divisions more than doubled their contribution to group net revenues over the past two years, reflecting the strategic progress of GWC's regional expansion.The group handles ocean freight volumes of up to 60,000 TEUs (twenty-foot equivalent units) per year and air freight of up to 14,000 tonnes annually, while extending its global reach to more than 120 countries through a network of 550 freight offices and partners worldwide.These capabilities resulted in a 95% client retention rate and logistics parks occupancy averaging 90% across its three locations in Q1-2026. 

Gulf Warehousing Company (GWC), one of the leading logistics providers in the region, has reported net profit of QR120mn in 2025 and suggested 10% cash dividend.The company reported total annual revenues of QR1.38bn and operating profit of QR232mn, while earnings-per-share stood at QR0.205 in 2025."Our focus is on strengthening GWC’s leadership by integrating our portfolio of logistics assets and capabilities into a unified offering that serves regional and global markets, while maintaining a disciplined approach to risk and capital allocation and pursuing measured expansion into new operational sectors that enhances our competitive capabilities," said Sheikh Mohammad bin Hamad bin Jassim bin Jaber al-Thani, GWC chairman.This approach, according to him, supports strong cash generation and financial resilience, enabling the company to selectively introduce new services that build on existing infrastructure and expertise."We will continue to strengthen our leading position in the logistics sector. By aligning growth with the objectives of the Third National Development Strategy and Qatar National Vision 2030, GWC continues to support national economic diversification while optimising value creation and expanding market share in a disciplined manner,” he said.Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani, GWC managing director, said it was implementing a strategy focused on diversifying its investment portfolio, creating added value for shareholders, facilitating trade across regional and international markets, and delivering innovative logistics solutions that support sustainable profitability."Through this approach, we serve the needs of large enterprise customers while empowering small and medium-sized enterprises to scale efficiently,” he said, adding this strategy is underpinned by a leadership culture that is highly adaptive to market changes and supported by a solid foundation of integrated assets.Sustainability and responsible business conduct are embedded within the business model, alongside continued investment in technology and innovation to support long-term value creation, according to him."We are scaling our e-commerce offering through end-to-end logistics solutions that span the full value chain, from warehousing and inventory management to fulfilment and last-mile delivery. Supported by intelligent systems and an extensive logistics network, this capability allows us to serve online retailers at scale across the GCC (Gulf Co-operation Council), Europe, and the US with speed and reliability,” Sheikh Abdulla said.Matthew Kearns, GWC’s acting Group chief executive officer said its priority was to scale the business by transforming its assets into an integrated logistics platform that connects physical infrastructure with digital capability, allowing it to manage growth more effectively and optimise operations as it scales."Through interoperability across systems and services, we are improving scalability and consistency across the group, allowing our integrated platform to support expansion into specialised, high value sectors, with fine art logistics serving as a clear example through our partnership with QC+," he said.This development represents a significant milestone for GWC and reflects Qatar’s growing role as a regional centre for cultural and creative activity, supported by specialised infrastructure that meets the highest international standards.GWC, in partnership with QC+, had announced the development of the largest fine art logistics facility in the region, scheduled to be established in the Ras Bufontas Free Zone. The facility will provide museum grade preservation, secure storage, and professional care for artworks and cultural assets, supported by a conservation laboratory, private and shared storage spaces, viewing rooms, and custom bonded areas for art logistics and handling.It will also include learning and collaboration zones designed to advance local expertise in art preservation and management.Matthew Kearns, GWC’s Acting Group CEO, said: “Our priority is to scale the business by transforming our assets into an integrated logistics platform that connects physical infrastructure with digital capability, allowing us to manage growth more effectively and optimize operations as we scale.” 

Gulf Warehousing Company (GWC) has been ranked ninth regionally in the transport and logistics category on Forbes Middle East’s Sustainability Leaders 2025 list, which features 126 companies and institutions.This recognition highlights GWC’s role in promoting sustainable development practices and supporting environmental, social, and governance (ESG) initiatives across the region.GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani said: “We are proud to be recognised by Forbes Middle East for the third year in a row. This honour reflects our steadfast commitment to integrating ESG principles into our business model and highlights our ongoing efforts to provide sustainable logistics and supply chain solutions to our diverse clientele, in line with Qatar’s Third National Development Strategy, Qatar National Vision 2030, the National Environment and Climate Change Strategy, and the UN Sustainable Development Goals (SDGs).”GWC’s Group Acting CEO Matthew Kearns stated: “Sustainability is a cornerstone for driving positive change, promoting responsible practices, and contributing to development. We achieve this by leveraging our capabilities, investing in the communities where we operate, strengthening governance, protecting the environment, and managing risks effectively.”He added: “This recognition reaffirms our commitment to adopting responsible initiatives and taking a proactive approach to sustainability. It further strengthens GWC’s position as a leader in ESG practices, demonstrated through a wide range of initiatives such as beach clean-ups, tree planting, wastewater treatment, energy conservation and emissions reduction, paperless processes, vehicle route optimisation, reduce-reuse-recycle initiatives, and resource consumption optimisation.”GWC’s Biobin initiative processed nearly 100 tonnes of food waste from its sites last year, transforming close to 40 tonnes into premium, nutrient-rich compost – enough to cover the equivalent of 14 FIFA football pitches.As part of the initiative, the recycled compost is donated to local agricultural projects including Education City Micro Farm, a community garden run by agriculture company Hadiqa that offers educational workshops for children in Doha, teaching them about gardening to create a more self-sufficient future.Forbes Middle East highlighted that the company has reduced Scope-1 carbon emissions by 3% and Scope-2 emissions by 0.2% compared with 2023 levels in 2024 and recycled more than 162,000m³ of treated wastewater at GWC Bu Sulba Warehousing Park, achieving a 6% year-on-year reduction in water consumption in the same year.In 2024, GWC also recycled over 2,200 tons of waste, with a bold target of cutting waste by 20% by 2030. The company remains committed to minimising landfill dependency and promoting sustainable solutions.In September 2024, GWC joined the United Nations Global Compact (UNGC), the world’s largest voluntary corporate sustainability initiative, aligning itself with over 23,000 companies from some 166 countries worldwide committed to promoting responsible business practices and SDGs.

Leading logistics services provider Gulf Warehousing Company has been named the ‘National Winner for Qatar’ in the wastewater treatment sector for its sewage water treatment plant in the GWC Bu Sulba Warehousing Park.The award was announced as part of the 15th edition of the annual MEED Projects Awards, held in collaboration with Mashreq Bank. This recognition qualifies the company for the regional stage, where the MENA winners will be announced on November 19.GWC Group Managing Director Sheikh Abdulla bin Fahad bin Jassim bin Jaber al-Thani said: “We are honoured to receive the MEED Projects Award at the national level, standing alongside a distinguished lineup of leading infrastructure projects across the Middle East and North Africa.“This prestigious recognition underscores the quality of our project and the dedicated efforts invested in developing sustainable infrastructure that supports Qatar’s development journey in line with the Third National Development Strategy and Qatar National Vision 2030.”He added: “This award not only celebrates our contribution to national development but also highlights the strategic importance of the Sewage Treatment Plant in the GWC Bu Sulba Warehousing Park. It marks a milestone in our ongoing commitment to upholding the highest sustainability standards, safeguarding the environment, and advancing sustainable development and support to the small and medium enterprises.”The Sewage Treatment Plant at GWC Bu Sulba Warehousing Park adheres to world-class standards for water treatment and sustainability best practices, effectively generating TSE Water (Treated Sewage Effluent) to irrigate plants and trees.Using TSE water for irrigation can improve soil fertility, reduce the need for chemical fertilisers, and conserve water resources, which promotes sustainable agricultural practices and aligns with Qatar’s sustainable development goals.The plant treats 456 cubic meters of water daily, ensuring a reliable and sustainable supply for irrigation systems. The recycled water is used to irrigate a total of 20,000 square meters of landscaped areas, including trees, shrubs, and grass.GWC Acting Group CEO Matthew Kearns stated: “This is the second award in just a few months for the Sewage Treatment Plant at the GWC Bu Sulba Warehousing Park, following its recognition in November 2024 as the ‘Best Water Recycling Initiative’ at the Tarsheed Energy Efficiency Forum, organised by Qatar General Electricity & Water Corporation (Kahramaa) as part of its National Programme for Conservation and Energy Efficiency (Tarsheed).“This achievement clearly highlights the project’s significance and serves as a strong motivation for GWC to continue advancing sustainable infrastructure, driving growth-oriented projects, and leading the development of the logistics services sector.”The annual MEED Projects Awards, in association with Mashreq, represent the pinnacle of recognition for the most outstanding projects across the Middle East and North Africa. The awards emphasise innovation, sustainability, and positive community impact, and have become a benchmark for excellence and achievement in the region.This year, some 87 projects across 17 categories were shortlisted following a thorough and impartial judging process that focused on engineering brilliance, technological innovation, sustainable practices, and the significant benefits these projects bring to society — reflecting the highest standards of quality, innovation, and impact.