Jahez Secures $40M Facility from NBB, Reports Q2 Profit Decline, and Expands with Snoonu Acquisition
Jahez has secured a USD 40 million Shariah-compliant facility from NBB to finance its new headquarters. The company’s Q2 2025 profit fell 22% due to weaker EBITDA and higher depreciation. Meanwhile, Jahez expanded its regional footprint with a USD 245 million acquisition of Qatar’s Snoonu.
