Qatar Intermediate Industries Company Ltd., (Alwaseeta) formerly known as (Qatar Holding, or QH) was conceptualized by Qatar Petroleum and established by the Supreme Council of Ministers in 2005. The company was established in close coordination with Qatar's Vision of 2030, as a multibillion-dollar international industries company with Corporate Headquarters in Doha, Qatar.
Alwaseeta's goals are to combine a mixture of global and Qatari-based expertise. Alwaseeta shall identify, invest, build and develop a broad-range of intermediate and downstream industrial projects. Alwaseeta's projects will assist in transforming Qatar's business community into manufacturing and industrial clusters; producing a wide range of products, destined for local, regional and global markets.