Nesto Opens First Hypermarket in Al Gharrafa | AI-Generated Image

Nesto Debuts in Qatar With First Hypermarket and Eight More Outlets Planned

NewsDesk
NewsDesk
Financial Arabia NewsDesk is the desk responsible for Financial Arabia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news...

Nesto said in a statement that its first hypermarket in Qatar opened on August 20, 2026 at the Old Passport Office building in Al Gharrafa, with the inauguration ceremony attended by Mohammed bin Ahmed Al Obaidli, Sheikh Hamad bin Thani Al Thani, Mohammed Mubarak Al-Ameri, KP Basheer and managing director Jamal Kunhiparambath. The outlet offers customers fresh produce along with groceries, household items, fashion, electronics and lifestyle products in what the company described as a comprehensive shopping experience. The statement indicated that this opening is only the beginning, with eight more stores planned for the country to build a meaningful presence, create jobs and develop local partnerships.

The company announcement added that the new Doha store is Nesto’s 152nd worldwide, reflecting an established GCC retail operation that has now extended into Qatar for the first time. According to the statement, the group views the market as highly anticipated and will concentrate on delivering quality, choice, value and trust to build customer loyalty from the outset. Jamal Kunhiparambath, who participated in the launch, stressed the importance of generating local employment and forming business alliances as the chain scales up its operations.

Mordor Intelligence data shows that Qatar’s retail market is estimated to be worth USD 19.44 billion in 2026 after rising from USD 18.68 billion the year before, with projections indicating growth at a 4.05 percent compound annual rate to USD 23.69 billion by 2031. The same assessment found that hypermarkets accounted for 47.66 percent of sector revenue in 2025, highlighting the format’s dominance in a country with elevated per-capita spending. Nesto’s entry aligns with these dynamics as consumers continue to seek convenient, full-assortment retail destinations.

In its statement, Nesto described the Qatar launch as the start of a new chapter that would enable deeper integration into the local economy while replicating the success achieved in neighbouring GCC states. The retailer has grown by emphasising competitive pricing and broad product ranges that cater to diverse family needs across the region. Plans call for the remaining eight outlets to be introduced in a measured sequence to match evolving demand patterns.

Further details from the company release listed a contact number of +974 7080 6726 for customer inquiries regarding the Al Gharrafa store and upcoming branches. The hypermarket is designed to serve as a central shopping hub for residents in the area and nearby communities. Nesto’s expansion contributes to the competitive environment in Qatar’s retail landscape, where established chains vie for share through enhanced service and selection.

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Financial Arabia NewsDesk is the desk responsible for Financial Arabia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.