Latest news with #Dreama
Zawya
24-04-2025
- Business
- Zawya
Qatar: UDC posts $18mln net profit and revenues of $186mln in Q1
Doha: United Development Company (UDC), one of Qatar's leading public shareholding companies and the master developer of The Pearl and Gewan Islands, announced its financial results for the first quarter of 2025. The Company reported a net profit of QR68m and revenues of QR679m. The net profit attributable to equity shareholders stood at QR72m, with basic earnings per share of QR0.020 UDC continues to implement a balanced financial approach focused on operational efficiency and sustainable value creation, through effective revenue and expense management while maintaining the high quality of its services and ongoing projects. Gewan Island marks a significant milestone in UDC's development journey, with major construction milestones completed. This includes the handover of the Crystal Residence apartments to owners, the launch of retail outlets, and the activation of Crystal Walkway, positioning the island as a prime destination for luxury living, tourism, and investment. Additionally, key landmarks are taking shape, including the upcoming Corinthia Gewan Island Hotel, set to become a signature hospitality destination in Qatar, and the island's golf course, which promises a world-class sporting experience. In a new international achievement, UDC earned three Guinness World Records, further cementing its global standing and commitment to innovation and excellence. These include: the largest outdoor air-conditioned shopping centre, the largest outdoor interactive lighting canopy, and the largest pneumatic waste collection system. These achievements highlight UDC's leadership in real estate development and sustainable solutions. On The Pearl Island, UDC continued to expand its hospitality and healthcare offerings, including the ongoing development of The Pearl International Hospital. The Company also maintained high residential and commercial occupancy rates and achieved continued growth in both sales and leasing activities. Retail and commercial spaces on The Pearl and Gewan Islands continue to attract strong interest from investors and major brands, contributing to the vibrancy of the local economy and affirming the appeal of UDC's developments as dynamic commercial hubs. Internationally, UDC actively promoted its diverse investment portfolio by participating in key global real estate events such as MIPIM in France and the International Migration & Property Expo in Hong Kong, as part of its broader strategy to attract foreign investment and enhance global collaboration. Reinforcing its commitment to sustainable social responsibility, UDC recently signed a strategic partnership with Dreama (the Orphans Care Center) to support the participation of Dreama's children in cultural and national events held on The Pearl and Gewan Islands. In the first quarter of 2025, UDC hosted several highly successful public events at The Pearl Island, including the Pearl Food Festival, Ramadan Bazaar, and Eid Bazaar. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Yahoo
11-03-2025
- Yahoo
Man gets 15 years for stealing Hillsborough County houses, victims wanted longer sentence to ‘send a message'
TAMPA, Fla (WFLA) — A man was sentenced to 15 years in prison for stealing houses in Hillsborough County. Victor Rodriguez pleaded guilty in court, moments before jury selection was set to begin in his trial. His charges include organized fraud, fraudulent use of personal information, and filing false documents. Dreama and Larry Bilby were victim to Rodriguez's crimes. They watched him be sentenced in court Monday. 'We would've thought it would've been a little bit longer, only because these cases are very, very rare to come to trial. It's extremely rare to catch this kind of economic bandit,' said Larry. 'I would've liked to have a longer sentence quite frankly, just to send a message.' Dreama said the sentence frustrated her, as she still feels like her home is not hers. 'I mean 15 years? This last year has been a nightmare. It has taken years off my life,' said Dreama. 'I feel like they don't care': Woman says deed to her house is under a name she does not know Charles Sauer drove to court from Miami to speak. He said Rodriguez stole his father's property, and for him, this case is personal. 'Victor was once my brother in law. He's the father to my three nieces,' said Sauer. 'A month and a half later after dealing with the loss of my father, he committed deed fraud on my dad's property and transferred it to third parties.' Sauer told the court he hopes this time will allow Rodriguez to reflect on the frustration and pain he's caused. Though Sauer feels at peace, he said it's a lot to take it. The Bilby's said they aren't too hopeful, because this can still happen to anyone. 'It's almost dehumanizing': Man who won case against company that stole his home speaks out 'Your own family, you don't know and you don't know if your house is your own,' said Dreama. The Bilby's said they want legislation to change to increase penalties and prevent this from happening to begin with. Rodriguez's wife, Michelle Cherry, committed the scams with him. In January she accepted a plea to testify against her husband if he were to stand trial. Cherry will be sentenced at a later date and faces a minimum of 10 years in prison. Hillsborough woman gets mother's home back after suspecting fraud on quitclaim deed Homeowners can protect themselves from property title theft by through the Hillsborough County Clerks Property Fraud Alert System. If you want to send Marilyn Parker a news tip about this story or other newsworthy events, fill out the form below! Submit a form. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
