Principal Activities
Provides real estate property investment, development and management; civil contracting and operation of district cooling plants, dredging and reclamation works; manufacture of petrochemicals and ready mix concrete; yacht sales, water chartered transportation and maintenance services; operation of clothing and accessories retail outlets; sailing school; provides development of software solutions; advertising, media buying and planning, waste management and insurance brokerage services; ownership and operation of restaurants, resorts and hotels.
Date of Establishment Year
1999 (February)
No of Employees
N/A Company, 1,218 Group (As of Jul 11, 2011)
|
Acquistion
Status
Cancelled
Acquirer
Target
Announcement Date
29 Jan 2012
Closing Date
29 Jan 2012
|
Major Shareholders  |
Section Updated: 12Sep11
|
|
|
|
|
|
|
Construction Development Company
|
Corporate |
Qatar |
- |
|
Public
|
|
- |
95.00% |
Note: The Construction Development Company's shares are part of the public stake.
Foreign Ownership Limits
Section Updated: 30Dec09
25%
GCC Nationals
25%
Foreigners
|
Direct Investments and Related Entities  |
| Subsidiaries/Associates/Affiliates |
|
|
|
|
| Abraj Quartier Company |
Qatar |
100.00% |
| Enterprise Development Company |
Turkey |
100.00% |
| Glitter |
Qatar |
100.00% |
| Hospitality Development Company [HDC] |
Qatar |
100.00% |
| Innovative Investment |
Qatar |
100.00% |
| Insure Plus |
Qatar |
100.00% |
| Madina Centrale Company |
Qatar |
100.00% |
| Millenya |
Turkey |
100.00% |
| PragmaTech Company |
Qatar |
100.00% |
| Ronautica Middle East [RME] |
Qatar |
100.00% |
| Scoop Media and Communication Company |
Qatar |
100.00% |
| The Pearl Owners Corporation [TPOC] |
Qatar |
100.00% |
| The Pearl Qatar Company |
Qatar |
100.00% |
| United Facilities Management Company |
Qatar |
100.00% |
| United Fashion Company [UFC] |
Qatar |
100.00% |
| Qatar District Cooling Company [Qatar Cool] |
Qatar |
51.00% |
| Gekko |
Qatar |
50.00% |
| Middle East Dredging Company [MEDCO] |
Qatar |
45.90% |
| United Readymix [URM] |
Qatar |
32.00% |
| Asteco Qatar |
Qatar |
30.00% |
| Seef Limited |
Qatar |
20.00% |
|
| Investments |
|
|
| Developments and Projects |
|
|
|
|
| The Pearl Qatar [via The Pearl Qatar Company] |
Qatar |
- |
|
| Mutual and Hedge Funds |
|
|
|
|
| The Pearl Qatar Real Estate Development Fund |
Qatar |
- |
|
Auditors
Banks
| The Commercial Bank of Qatar |
|
Law Firms
| Financial Results |
31-Dec-10 |
31-Dec-11 |
Yr on Yr |
| |
QAR'000 |
QAR'000 |
change (%) |
Total revenues  |
1,195,142
|
1,906,678
|
59.54 |
Net profit  |
597,042
|
3,746,604
|
527.53 |
| Total assets |
10,877,722
|
19,055,759
|
75.18 |
| Paid-up capital |
1,340,625
|
1,608,750
|
20.00 |
| Shareholders' Equity |
3,387,055
|
8,145,665
|
140.49 |
| Shares outstanding |
134,063
|
160,875
|
20.00 |
| Market capitalization |
3,740,344
|
3,938,220
|
5.29 |
| » View Full Financials |
|