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United Development Company QPSC
UDC Tower - The Pearl
Phone: +974 44098374p:+974 44098374 DOHA, Qatar Ticker: UDCDUDCD
Business Summary
United Development Company QPSC is a Qatar-based company which is primarily engaged in contributing and investing in infrastructure, utilities and among others. The Company has four reportable segments: Urban development, which is real estate development and construction activities; Hospitality and leisure, which is investment and development of hotel, leisure facilities, and selling of luxurious items; Infrastructure and utilities, which is construction and management of district cooling systems and marina activities; Other operations, providing information technology solutions and other services. The Company’s subsidiaries include Ronautica Middle East W.L.L., The Pearl Qatar Company W.L.L., Hospitality Development Company W.L.L., The Pearl Souvenir Trading W.L.L., Madina Centrale Company W.L.L., Abraj Al-Mutahida Company W.L.L., and among others.
(Source: ARS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202512/31/2024Yes----

Industries
SIC Code Description
1542 General contractors-nonresidential buildings, other than industrial
6552 Land subdividers and developers, except cemeteries
1541 General contractors-industrial buildings and warehouses
4961 Steam and air-conditioning supply
7993 Coin-operated amusement devices
4493 Marinas
7011 Hotels and motels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Ahmed AliAl Hammadi 9/13/2023 9/13/2023
President, Chief Executive Officer Yasser SalahAl-Jaidah 1/19/2025 1/19/2025
Vice Chairman of the Board Faisal FahadJassim Althani 60 1/1/2023 1/1/2019
12 additional Officers and Directors records available in full report.

Business Names
Business Name
Resort and Leisure Company
UDCD
United Development Company (Q.S.C.)
United Development Company P.S.C.

General Information
Number of Employees: 51 (As of 12/31/2005)
Outstanding Shares: 3,540,862,500 (As of 6/30/2025)
Stock Exchange: DOH
Fax Number: +974 44098372


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Saturday, September 13, 2025