QDB’S BIG PLANS
Qatar Development Bank has started the year with two announcements that promise to help Qatari SMEs grow both locally and internationally.
Building on the momentum of a very productive 2015, QDB announced two new projects in quick succession. The first one was the first Government Procurement and Contracting Conference & Exhibition – Moushtarayat – which is scheduled to take place for three days from March 8 to 10. The event aims at opening new opportunities for interaction between local SMEs and stakeholders, and strengthening cooperation between the private and public sector. The bank also announced the Franchise Project, through which they plan to take at least ten local SMEs specialising in economy, education, manufacturing and services, as well as food and beverages sectors, to five countries in the next three years. The project will promote international growth for local brands by showcasing successful franchise models, including all the necessary strategic, legal consultations, operational and marketing tools prepared by experienced consultants to give the local Qatari brands, to expand globally.