Sheikh Thani bin Abdullah al Thani s Donation for Needy People

Doha, June 20 (QNA) - HE Sheikh Thani bin Abdullah al Thani has announced to donate 605 million and 66 thousand and 37 of his share in Ezdan Real Estate Company (Q.S.C) for the poor and needy.
The total capital value of the endowed shares nearly worth 18000 residential units upon completion of the company's projects.
The present value, which HE Sheikh Thani, announced today to allocate it for donation is equivalent to value of 7 thousand residential units approximately.
The company's share offer price is 23.10 on Monday trading, according to Qatar Exchange website.
Through this initiative HE Sheikh Thani has created for the humanitarian of the community a source of sustainable income in a company being considered one of leading company the real estate sector in Qatar and region.
"There is no doubt that the success being achieved by Ezdan Real Estate company and the works that is widening and growing every year, would increase the value of the donation in future, particularly with completion of the projects planned to be completed during the coming years," HE Sheikh Thani bin Abdullah al Thani said in press release. (QNA)