16 Jun 2013
(MENAFN) United Development Co (UDC) stated that it plans on raising USD428 million in loans from Qatar National Bank (QNB), reported Arabian Business.
UDC also said that it plans on using the loan to complete the purchase of remaining residential units at Qanat Quartier, currently owned by Pearl-Qatar Real Estate Shariah- Compliant Fund Co.
It is worth noting that the Pearl-Qatar (TPQ) is an artificial island spanning nearly four million square metres. It is the first land in Qatar to be available for freehold ownership by foreign nationals. In 2012, TPQ had more than 5000 residents.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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