Nesto Group expands into Qatar with new hypermarket and plans for 10 stores by 2026
Announcement made during 20th-anniversary celebrations, marking GCC expansion milestone
Doha, Qatar: Nesto Group has signed an agreement with The Commercial Avenue to open its first hypermarket in Doha. The flagship store, spanning 180,000 square feet across two floors, will offer high-quality products at competitive prices. Its grand opening is slated for second quarter of 2025.
The agreement was formalized by Sandeep Rajagopal, Head of Project & Infrastructure at Nesto Group, and Abdulla Abdulrazaiq Haidar, CEO of The Commercial Avenue. The signing ceremony was attended by distinguished dignitaries, including Fahad Abdullatif Al Jahrami, Chairman of the Board at The Commercial Avenue; Sharfuddeen MTK, Group Finance Controller; Rashid Aramam, Head of Buying; Muhammed Nizar, Executive Officer Projects from Nesto Group; along with Ahmed Tallat Elbanna, Head of Sales, and Nasser Al Emadi, Property Manager from The Commercial Avenue.
With an investment of 2 billion Qatari Riyals, Nesto aims to open 10 hypermarkets in Qatar by 2026, with four projects already in progress. The group is committed to reshaping the retail landscape across the GCC by delivering exceptional shopping experiences.