Doha: Enterprise Qatar (EQ) is set to launch their latest initiative, ‘Jadwa’, which offers 70 percent subsidised consultancy services to the entrepreneurs and SME community in Qatar.
Through ‘Jadwa’, consultancy services, specifically feasibility studies and support services will be provided in cooperation with qualified professional service providers. EQ will subsidise 70 percent of the consultancy services cost whereas the applicants will express their commitment by covering 30 percent, a press release issued by EQ said yesterday.
The ‘Jadwa’ services target two main categories — entrepreneurs in the idea stage and SMEs who are looking to expand or diversify their products and services — to help them develop sustainable businesses.
EQ’s CEO Abdulaziz Al Khalifa said: “We are keen, at Enterprise Qatar, to provide Qatari entrepreneurs with the direct guidance and consultancy, through professional experts and under our supervision, to guarantee viable studies and active contribution from the entrepreneurs. Our dynamic style will assist Qatari entrepreneurs to ensure their ideas are viable through the help of expert opinions, and come out with the best results.”
Doha: Qatar National Bank (QNB), the World’s Strongest Bank, has signed a 10-year loan facility agreement with the United Development Company (UDC), one of Qatar’s leading and most recognised public shareholding companies and the master developer behind The Pearl-Qatar. Loan amount of QR1.548bn has been granted for the purpose of financing the purchase of the remaining residential units at Qanat Quartier in the Pearl-Qatar Island.
United Development Company (UDC), is a leading Qatari shareholding company with a mission to identify and invest in long-term projects contributing to Qatar’s growth and providing good shareholder value. Companies recently established under the umbrella of United Development Company are: Madinainova, Resorts and Leisure Company and The Pearl Owners Corporation. The Pearl-Qatar is an artificial island which spans almost four million square metres of reclaimed land. The island is set approximately 400 metres off the shore of West Bay Lagoon.