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Shareholders

Board of Directors

H.E Mr. Turki M Al-Khater has been the Chairman of United Development Company since 2013. He is the President of General Retirement and Social Insurance Authority, Vice Chairman of Masraf Al Rayan, and a Board Member of Ooredoo. He has previously held the position of Managing Director of Hamad Medical Cooperation and Under Secretary of Public Health. H.E has diverse background and significant experience in business and finance. Mr. Al-Khater received his B.S. in Economic from Portland State University, USA.
H.E Mr. Turki Mohameed Al-Khater
Chairman
Mr. Ali AlFardan serves as Vice Chairman of Alfardan Group and a Partner and Vice Chairman at The International School of Choueifat. Mr. AlFardan is the Chairman of the Board of Directors of Danat Qatar Company, CEO of Al-Fardan Jewelry Corporation, CEO of Ghada Jewelry Company, CEO of Al Manara Trading Company and board member of the United Development Company and a board member of Qatar Insurance Group .
Mr. Ali Hussein Al-Fardan
Vice Chairman
Mr. Ibrahim Al-Othman has over 26 years of experience in the oil and energy industry in a number of leading national and international companies. Currently, he holds several positions including the President & Chief Executive Officer and Board Member of the United Development Company, and member of the Board of Directors of Qatari Diar and Msheireb Properties. In the past he held several executive positions and boards membership in various sectors.
Mr. Ibrahim Jassim Al-Othman
Member
Mr. Nasser Jaralla Al Marri serves as Chairman of the Financial Affairs Authority at the General Headquarters of the Qatar Armed Forces/ Ministry of Defense since 2016. He spent several years in leading roles across the government such as CFO of Marafeq Qatar/ Qatari Diar, Director of Business Development and Investment Promotion in the Ministry of Economy and Commerce, Director of Admin & Finance in the Ministry of Economy & Commerce. He was Vice Chairman of Qatar Steel International Company and a Board Member of Qatar Mining Company. Currently, he serves as a Board Member of Masraf Al Rayan Bank, United Development Company (UDC) and Vodafone Qatar.
Mr. Nasser Jaralla Al-Marri
Member
Mr. Yasser Al Jaidah is currently a Board Member and the Chief Executive Officer of Qatar Cool. Prior to joining Qatar Cool, Yasser was the General Manager and Director of South Hook LNG in the United Kingdom. Mr. Al Jaidah has successfully worked on a range of worldwide projects in countries such as Qatar, Korea, Japan, France, Norway, USA, Italy, Singapore and the United Kingdom.
Mr. Yasser Salah Al-Jaidah
Member
United Development Company (UDC) is a leading Qatari public shareholding company with a strategy designed around identifying and investing in long-term projects contributing to Qatar’s growth and providing shareholder value.
Established in 1999, the Company was firstA listed on the Qatar Exchange in June 2003. It has an authorized share capital of QR 3.5 billion and total assets of QR 19.7 billion as of 30 September 2021.
From day one, the Company actively contributing in the development of the State of Qatar, rapidly evolving into a leading Qatari public shareholding company and has successfully established 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 specific experience including detailed knowledge of real-estate development, property management, hospitality and maritime, infrastructure and utilities.
2021 Annual Report
Read our 2021 Annual Report and discover our efforts and achievements over the past 12 months.