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UDC The Developer
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About the Developer
United Development Company (UDC) is one of Qatar’s leading public shareholding companies.
UDC’s mission is to identify and create opportunities that contribute to Qatar’s
growth and provide good shareholder value. The Company was established in July 1999
and has an authorized share capital of QR 1.0725 billion (US $294 million). It was
listed on the Doha Securities Market in June 2003.
UDC’s target areas of interest include: infrastructure and utilities, hydrocarbon
and energy, urban development, environment-related businesses, and hospitality and
leisure.
From day one, the Company’s mandate and mission has been to become a cornerstone
in the development that the region is currently witnessing; 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 joint venture partner for international investors in Qatar, and has successfully
established new companies and investment vehicles across the region.
Since 1999, UDC has moved from project research into development, production and
operations. Project research has culminated into the successful creation of companies
that are amongst the leaders in their related fields of industry. The Company prides
itself in its ability to create quality investment opportunities both at home and
overseas. The company is empowered to invest in financial instruments in Qatar.
UDC’s founders, who at launch held 45% of the shares, are among Qatar’s most successful investors and developers. Other Qatari and GCC investors are also shareholders in UDC.
For more information visit UDC
web site: www.udcqatar.com
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