United Development Company

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Recent Press Releases

• Exclusive supercar event chooses the Pearl-Qatar to unveil new luxury car models18 November 2008

  The Pear-Qatar was a natural choice for staging the third Privatdrive Supercar Show this weekend (Friday and Saturday, November 21 – 22), said the organisers.

• Boardwalk festivities on The Pearl-Qatar kick off ceremony of the top women's tennis championship1 November 2008

  The main draw ceremony for the 2008 Sony Ericsson Championships, Women's Tennis Association (WTA), is being held at the Pearl-Qatar, at 3pm today (Sunday, November 2).

• UDC stands strong and resilient21 October 2008

  United Development Company (UDC), one of Qatar’s leading public shareholding companies, today reports financial results for its third quarter, ended September 30, 2008.

• United Development Company offers homeowners The Costa Del Sol on Viva Bahriya5 September 2008

  United Development Company launches today the sale of luxury seaview apartments at the "Costa Del Sol", the second beachfront tower at Viva Bahriya, one of the most desirable addresses on The Pearl-Qatar.

• Al Khaliji and Standard Chartered Bank book runners of QAR 1.04 billion loan facility for Medina Centrale Company S.T.C.2 September 2008

  Al Khaliji, Standard Chartered Bank, The Commercial Bank of Qatar, Mashreq Bank PSC, and International Bank of Qatar, the Underwriters and Initial Mandated Lead Arrangers, have been mandated to raise QAR 1.04 billion Term Loan Facility for Medina Centrale Company S.T.C which is a wholly owned subsidiary of United Development Company.

• UDC’s reports H1 profits of QR 241 million20 July 2008

  United Development Company (UDC), one of Qatar's leading public shareholding companies, reported net profits of QR 241 million for the first half of 2008, a 90% increase on the comparative period of last year reported at QR 127 million.

• Zodiac to make big splash in Qatar with Ronáutica Middle East as their exclusive distributor12 July 2008

  One of the most famous brand names in marine recreation is set to make a big splash in Qatar, with the announcement that Ronautica Middle East LLC will be Zodiac Leisure Marine Products' exclusive representative here.

• 1000 Reasons Why Qatar4 June 2008

  Qatar's pulse with 1000 beats in one distinctive book.

• The Pearl-Qatar offers a taste of the Riviera lifestyle2 June 2008

  Advertising campaign for the ultimate island-lifestyle experience.

• UDC more than doubles its Q1 results20 April 2008

  The Company reported an 80% increase its revenues.

• Al-Jazeera Academy kids learn about protecting nature from Pearl-Qatar expert8 April 2008

  Nearly a hundred schoolchildren from the Al-Jazeera Academy recently received an exciting real life lesson about how we can all help protect Mother Nature, both big ways and small.

• Legendary Tenor Placido Domingo arrives to Qatar24 February 2008

  Domingo to give a Grand Performance at The Pearl-Qatar.