Saturday 27 April 2024
 
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Pearl Island

Qatar's UDC says investor talks back on

Qatar's United Development Company (UDC), builder of the man-made Pearl Island project, said on Sunday that an investor is still interested in becoming a strategic shareholder, just weeks after withdrawing its offer. UDC, whose presid

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Qatar UDC 2011 profit soars to $1.03bn

Qatar's United Development Company (UDC), the developer of the man-made Pearl Island project, said its full-year net profit for 2011 soared to QR3.77 billion ($1.03 billion) from QR617 million the previous year. Announcing the results,

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