United Development Company (UDC)

United Development Company (UDC) is a prominent Qatari public shareholding company founded in 1999 and listed on the Qatar Exchange since 2003. UDC focuses on long-term investments that support Qatar's economic growth and enhance shareholder value. As of December 31, 2023, the company has an authorized share capital of QR 3.5 billion and total assets amounting to QR 19.6 billion, with a net profit of QR 390 million reported in 2022. UDC operates in several key sectors, including real estate development, property management, infrastructure, maritime businesses, and hospitality.