A leading Qatari shareholding company

Overview

United Development Company (UDC) is a leading Qatari Public shareholding company with a mission to identify and invest in long-term projects contributing to Qatar’s growth and providing good shareholder value. Established in 1999, the company went on to be listed on the Qatar Exchange in June 2003. It has an authorized share capital of QR 3.54 billion and total assets of QR18.72 billion at 31 December 2016.

From day one, the company’s mission has been to become a cornerstone in the development of Qatar and the region, creating lasting value and maximizing returns for partners and shareholders. Through a combination of project activities and commercial enterprise, UDC has developed into the first-choice private sector and joint venture partner for investors in Qatar, and the company continues to quest for excellence and progress through identifying as one of the largest real estate developers in the Gulf.

Core Values

United Development Company (UDC) has been built around a set of strategic values to ensure consistency in approach and a strong foundation for sustained growth.

All of UDC’s business activities

  • Create sustainable competitive advantage within the market

    Create sustainable competitive advantage within the market

  • Apply industry best practice to deliver the best quality results

    Apply industry best practice to deliver the best quality results

  • Deploy innovative products and processes to maximize the benefits of technology

    Deploy innovative products and processes to maximize the benefits of technology

  • Uphold honesty and integrity in their business relationships, retaining the trust and respect of all parties

    Uphold honesty and integrity in their business relationships, retaining the trust and respect of all parties

  • Practice transparent good governance, and actively promote an environmental and social profile that offers tangible benefits to the community

    Practice transparent good governance, and actively promote an environmental and social profile that offers tangible benefits to the community

  • Provide an inspiring workplace for both Qatari nationals and expatriates

    Provide an inspiring workplace for both Qatari nationals and expatriates

Vision and Mission

United Development Company (UDC) is to be the first choice listed company in Qatar through creating sustainable shareholder value.

UDC will commit to its growth strategy, and continue to be a benchmark in real estate development and community management in the Middle East.

Quick Facts

  • Established in 1999 and publicly listed in the Qatar Exchange in 2003, UDC is one of the longest operating shareholding company in Qatar
  • UDC founders held 45% of the shares at launch, and are among the most established and successful businessmen in Qatar.
  • The Pearl-Qatar is a multi-billion dollar mixed use urban development project owned and developed by UDC.
  • In 2013 UDC was awarded an accolade from The BIZZ for the most “Inspirational Company” as recognized by The World Confederation of Businesses (WORLDCOB).
  • The Pearl-Qatar is UDC’s largest single project. UDC also has substantial interests in marine and reclamation works, utilities and services.

Areas of Expertise

UDC’s general business advantages include the following:

  • An excellent understanding of the Qatari and regional markets and business environment
  • The ability to form efficient joint ventures
  • The ability to create value by forming synergistic businesses across a diverse portfolio
UDC and its subsidiaries have accumulated a large amount of specific experience including detailed knowledge of real estate development, property management, infrastructure and utilities, energy-intensive industries, hydrocarbon downstream manufacturing, maritime related businesses, and hospitality.

Brochures

Board of Directors

Board Members

  • H.E Mr. Turki Bin Mohammed Al-Khater

    Chairman
  • Mr. Abdulrahman Abdullah Al-Abdulghani

    Vice Chairman
  • Mr. Nasser Jaralla Almarri

    Board Member
  • Mr. Ali Hussain Al-Fardan

    Board Member
  • Mr. Abdulaziz Mohamed Al-Mana

    Board Member
  • Mr. Abdulla Ali Al-Abdulla

    Board Member
  • Mr. Mohamed Yousef Kamal

    Board Member
  • Mr. Nawaf Ibrahim Al-Mana

    Board Member
  • Mr. Abdulrahman Saad Al-Shathri

    Board Member

Board Committees

Executive Committee Members
  • H.E Mr. Turki Mohamed Bin Khaled Al-khater

    Chairman
  • Mr. Abdulrahman Abdullah Al-Abdulghani

  • Mr. Abdulaziz Mohamed Al-Mana

  • Mr. Naser Jarulla Al-Meri

  • Mr. Ali Hussain Al-Fardan

Audit Committee Members
  • Mr. Nawaf Ibrahim Al-Mana

    Chairman
  • Mr. Abdulla Ali Al-Abdulla

  • Mr. Nasser Jaralla Almarri

Governance, Remuneration, And Nominations Committee
  • Mr. Abdulrahman Saad Alshathri

    Chairman
  • Mr. Ali Hussain Al-Fardan

  • Mr. Abdulaziz Mohamed Al-Mana

  • Mr. Mohamed Yousef Kamal

UNITED DEVELOPMENT COMPANY

info@udcqatar.com

Contact us for all your inquiries.