Friday 29 March 2024
 
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United Development Company

UDC posts 6pc jump in Q3 net profit

Qatar-based United Development Company (UDC) has registered a net profit of QR595 million ($74 million) for the third quarter, up six per cent over QR559 million ($553 million) last year. The master developer of The Pearl-Qatar ac

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Qatar UDC registers 8pc jump in Q1 profit

Qatar-based United Development Company (UDC) has registered a net profit of QR270 million ($74 million) for the first quarter, up eight per cent when compared to the same period last year. A leading Qatari shareholding companies a

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UDC acting chief executive quits

United Development Company (UDC), the master developer of The Pear-Qatar, said its acting chief executive officer Badr Al-Meer has stepped down from the post. The company said its chairman Turki Al Khater will temporarily undertak

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UDC to build new mosques at Pearl-Qatar

United Development Company (UDC), one of Qatar's leading real estate groups, will be building two new mosques on The Pearl-Qatar, one of the largest urban developments in the Middle East, A master developer of The Pearl-Qatar, UDC h

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Qatar UDC net profit up 7.5pc

United Development Company (UDC), one of Qatar’s leading real estate groups, has registered a net profit of QR577.9 million ($159 million) for the third quarter, up 7.5 per cent when compared to QR537.6 million last year. 

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Qatar developer UDC to raise $428m loan

United Development Company (UDC) , the developer of a man-made island in Doha, said that it is raising a 1.56 billion riyals ($428.4 million) loan facility from Qatar National Bank. The loan would be used to finance the purchase o

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UDC appoints mSquared as retail consultants

United Development Company, a leading Qatari public shareholding company, has appointed mSquared Shopping Centres as retail consultants for The Pearl-Qatar Island. The consultants will work closely with the UDC management team to

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UDC awards $218m Qatar twin tower contract

  United Development Company (UDC), the developer behind Qatar's man-made Pearl island project, said it has signed a QR795 ($218 million) contract with a leading Qatari construction company to build the two Abraj Quartie

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UDC, Gallup to conduct new resident survey

United Development Company (UDC) has partnered with leading international polling and research company Gallup to conduct a second survey for residents and employees aimed at enabling the company to continue its five-star service to tenants and vis

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UDC to cut service charges on Pearl-Qatar

United Development Company (UDC) has announced plans to cut Master Community (MC) service charges on The Pearl-Qatar, a Riviera-style man-made island development in Doha, by approximately 33 per cent starting from July 1. MC char

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