United Development Company P.S.C
Alfardan Towers, Diplomatic District
P.O Box: 7256 Doha, Qatar
T: +974 44098400
F: +974 44098500
United Development Company PSC (UDC) is one of Qatar's leading private sector shareholding companies. UDC's mission is to identify and invest in long-term projects contributing to Qatar's growth and providing good shareholder value. The company was established in 1999 and listed on the Qatar Exchange in June 2003. It has an authorized share capital of QR 1.609 billion, total assets of QR 12.558 billion as of 30 June 2011.
UDC's target areas of interest include: infrastructure, energy-intensive industries, hydrocarbon downstream manufacturing, real estate, maritime and environment-related businesses, urban development and utilities, hospitality, retail and fashion, information technology, media and communications, insurance and other services.
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From day one, the Company's mission has been to become a cornerstone in the developments 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 international investors in Qatar, and has successfully established several new companies and investment vehicles across the region.
Since 1999, UDC has moved from researching projects into development, production and operations. Project research has led to the creation of companies, considered to be among the most successful in their related fields. The Company prides itself in its ability to create quality investment opportunities, both at home and overseas.
UDC's founders and current Board Members are among Qatar's most successful investors and developers. Qatari shareholders own 75 percent of the Company's total shares while the remaining 25 percent are held by international investors.
The Company continues its quest for excellence and progress by identifying and adding new investments and partnerships to its diversified portfolio of excellent businesses.