Hello, welcome to Qatari Investors Group call. Please note that this call is being recorded. You will have the opportunity to ask questions to our speakers later on during the Q&A session. If you'd like to ask a question by that time, please press star on your telephone keypad. I will now hand the call over to Fabian. Please go ahead.
Okay, thank you. Good afternoon to you all. I would like to thank you for joining us this afternoon for Qatari Investors Group earnings conference call for Q2 and H1 2026. On the call from Qatari Investors Group's management is Houssam El Kurdi, the Chief Executive Officer, and Fady Khoury, the Chief Financial Officer. As usual, they will first go over an overview of the numbers, then we'll have a Q&A session immediately afterwards. Let me turn over the call to Mr. Houssam El Kurdi to begin. Over to you, sir. You can go ahead.
Yes. Hello, everyone. Ladies and gentlemen, I will go over a review in English, followed by the same review in Arabic, then we will move on to questions and answers. Ladies and gentlemen, it's my pleasure to welcome you to the Qatari Investors Group, QIG IR call. My name is Houssam El Kurdi, Chief Executive Officer, and with me, Mr. Fady Khoury, Chief Financial Officer. We are pleased to present to you the result of the QIG Group for half year end June 30th, 2023. In this call, we will highlight the financial performance of the group and the progress achieved during the reporting period. The group recorded a total revenue of QAR 218 million for the period, representing a 27% decrease compared to the last year's same period. The decline is mainly attributable to the current circumstances, which have had an impact across all sectors.
We remain hoping that the conditions will be improved in the coming period. On the positive note, we do expect the exemption of the business and economic activities with this region in the upcoming period. The group net profit for the period H1 2026 amounted to QAR 56 million, a 21% decrease compared to the last year's same period. EBITDA reached QAR 103 million for the period, 21% lower than last year in the same period. Finally, we focus our effort to implement a strategy of diversification and investments to make more achievements that benefit the group and enable us to play an active role in supporting Qatar's economic vision. Thank you. I will move to the Arabic text. [Foreign language].
Hello, can you hear me? Are we open for questions?
Yeah, we can open the line for questions.
All right. Thank you. Ladies and gentlemen, we will now begin the question and answer session. Should you have a question, please press star one on a touch-tone phone, and you will hear a prompt that your hand has been raised. Should you wish to withdraw, please press star one again. If you are using a speakerphone, please lift the handset before pressing any keys. One moment please while we get a question. Again, should you have a question, please press star one. There are no further questions at this time. I will now hand the call over to the management.
Thank you. Yep. Okay, thank you for joining us this afternoon. Please do join us for future calls. You have a good afternoon.
Thank you.
Thank you for joining the call today. You may now disconnect.