United Development Company (UDC) is a prominent Qatari public shareholding firm dedicated to investing in long-term projects to bolster Qatar's growth and deliv

United Development Company (UDC) is a prominent Qatari public shareholding firm dedicated to investing in long-term projects to bolster Qatar's growth and deliver shareholder value. Established in 1999 and listed on the Qatar Exchange in 2003, UDC has QR 3.5 billion authorized share capital and QR 19.6 billion in total assets as of December 31, 2023. It has actively contributed to Qatar's development, particularly in real estate, hospitality, maritime, district cooling, and infrastructure sectors. UDC's flagship project is The Pearl Island, a sprawling urban mixed-use development, with Gewan Island being its latest endeavor. UDC aims for sustainable financial performance and profitability by focusing on core activities and investing in new real estate ventures.