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United Development Company (UDC)

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United Development Company (UDC) company description

United Development Company (UDC) is a leading Qatari public shareholding company with a mission to identify and invest in long-term projects contributing to the growth of the State of Qatar and providing good shareholder value. Established in 1999, the Company was listed on the Qatar Exchange in June 2003. It has an authorized share capital of QR 3.5 billion and total assets of QR 20.9 billion on 31 December 2022. From day one, the Company actively contributed to the development of the State of Qatar, rapidly evolving into a leading Qatari Public Shareholding Company and successfully establishing a group of various good performing investments. Through a combination of project activities and commercial enterprise, UDC and its subsidiaries have accumulated a large amount of experience and detailed knowledge in real estate development, property management, hospitality and maritime, district cooling, and infrastructure and utilities. As part of its five-year business plan, UDC is leveraging its leading market position to achieve sustainable financial performance and maintain profitability targets by focusing on the core business activities and investing in new and viable real estate developments. UDC’s flagship project is The Pearl Island, an urban mixed-use, man-made island and one of the largest real estate developments in the Gulf. UDC is also in the process of developing Gewan Island located adjacent to The Pearl Island, into the Company’s latest world class residential, commercial and entertainment project. This development has the potential of becoming a magnificent destination that will maintain UDC’s future growth.

Key Employees

Head of QHSE
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Orlando Pernites Cfps Cfi I Msfpe
Senior Health & Safety Supervisor
Siraj Sleiman
Procurement Officer
Ahmed Hussain
Health Safety Environment Officer
Feras Mahmoud
Pradeep Wijesinghe Mba Bsc Acc Aca
Head of Budget
Mahmoud Itani
Head of Revenue
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Recently updated team members of United Development Company (UDC)

Mohammed Ali Khan - CERT CII
Head Of Insurance
Omar Al Khulaifi
Procurement Manager
Imelda Pardede
Human Resources
Mohammed Ali
Procurement Specialist
Saleh Mohammed Al Jraidi
Human Resources and Administration Director
Shafic Hankir
Head of Retail Operations
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