Misaq Competitors

Since its establishment in 1964, QNB Group has steadily grown to become the biggest bank in Qatar and the largest financial institution in the Middle East and Africa (MEA) region. Network expansion comes in support of the Group’s vision to become a leading bank in the Middle East, Africa, and Southeast Asia. In addition, the Bank is establishing a foothold in highly competitive markets, including Hong Kong, where the Group opened recently its first branch. Proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022™, QNB Group extends through its subsidiaries and associate companies to more than 30 countries across three continents providing a comprehensive range of advanced products and services. QNB Group has maintained its position as the highest-rated bank in Qatar and one of the highest rated banks in the world from leading credit rating agencies including Standard & Poor’s (A) and Moody’s (Aa3), The Bank has also been the recipient of many awards from leading international specialised financial publications. QNB Group has an active community support program and sponsors various social, educational and sporting events. For further information, please contact QNB’s Public Relations Department through PR@qnb.com

United Development Company (UDC) is a leading Qatari public shareholding company with a mission to identify and invest in long-term projects contributing to Qatar’s growth and providing good shareholder value. Established in 1999, the Company was first listed on the Qatar Exchange in June of 2003. It has an authorized share capital of QR 3.5 billion and total assets of QR 18.3 billion at 31 March 2019. UDC’s current portfolio includes: real estate development, property management, infrastructure and utilities, energy-intensive industries, hydrocarbon downstream manufacturing, maritime related businesses, and hospitality. From day one, the company has played an active role in the development of Qatar, rapidly evolving into a leading Qatari Shareholding Company and has successfully established several new companies and investment vehicles. Wholly-owned UDC companies include Hospitality Development Company, Ronautica Middle East and Madinainova amongst others. One of UDC’s landmark projects is The Pearl-Qatar, an urban mixed-use, man-made island development. Located some 350 meters offshore of Doha’s prestigious West Bay District, The Pearl-Qatar is one of the largest real estate developments in the Gulf.

As the flagship company of the Al-FOZAN GROUP, Madar is amongst the largest importers of building materials in Saudi Arabia. The company’s core business involves wood, steel, aluminum and insulation material. Established in 1969, Madar’s main focus was to meet the ever-increasing demand for building materials in Saudi Arabia. Since inception, the company’s founders insisted on quality and as a result the company soon acquired a solid reputation for its products. The ability to adapt to changing customer needs and market demands enabled Madar Building Materials to maintain its leading position. In 1995 the company undertook an ambitious self-development program that reinforced its corporate standing. Today Madar is a dynamic force in regional markets. ISO certified and guided by a strong corporate philosophy, Madar continues to enjoy one success after another. It enjoys a distinguished reputation with clients, suppliers, financial institutions and other business associates.