United Development Co. is a shareholding company, which invests in the fields of energy, obtaining concessions for oil and gas discovery and the evolvement in industrial & petrochemical products. It operates through the following business segments: Urban Development; Hydrocarbon & Energy; Hospitality & Leisure; and Infrastructure & Utilities. The Urban Development segment includes real estate development and constructions activities. The Hydrocarbon & Energy segment deals with the production and sale of chemicals and hydrocarbon materials. The Hospitality & Leisure segment includes investment and development of hotels and leisure facilities and selling of luxurious items. The Infrastructure & Utilities segment handles the construction and management of district cooling systems and marina activities. The company was founded on February 2, 1999 and is headquartered in Doha, Qatar.