Tasdeer helps more than 250 Qatari companies to reach 28 international markets

 05 Nov 2017 - 18:47

Tasdeer helps more than 250 Qatari companies to reach 28 international markets


Doha: Qatar Development Bank's (QDB) export agency (Tasdeer) has succeeded in helping more than 250 Qatari companies to reach more than 28 international markets, with sales of about QR 500 million in the past year, QDB Chief Executive Officer Abdulaziz bin Nasser Al Khalifa said.
This was disclosed during a press conference held today at the headquarters of the Qatar Chamber (QC), following the signing of a contract between QC and QDB to sponsor the 'Made in Qatar 2017' exhibition. The contract was signed by QC General Manger Saleh bin Hamad Al Sharqi and QDB Chief Executive Abdulaziz bin Nasser Al Khalifa.
The CEO of Qatar Development Bank reviewed the Bank's efforts to support the various Qatari industries and the tools it uses in this context, both through Bedaya Center For entrepreneurship and Career Development and the Qatar Business Incubator. 

These centres now produces scores of entrepreneurs, who attend courses and workshops for 8 weeks to study their projects to ensure their economic feasibility, in addition to the finance facilities the bank provides directly or through the 'Al Dameen program'. 

The bank uses many ways to encourage young people to develop local industries and subsequently promote them to compete in international markets.

He pointed out that QDB has organized a number of exhibitions in this endeavor, most notably the Moushtarayat exhibitions 1 and 2, which offered business opportunities for Qatari companies worth more than QR 5.5 billion. The Qatari companies obtained over QR 700 million from the contracts they signed as an outcome of these exhibitions.

For his part, General Manager of QC Saleh bin Hamad Al Sharqi said that this year's exhibition will be held in the midst of Qatar National Day celebrations, which falls on December 18. This year, it also comes during the unjust siege imposed by three Gulf States on Qatar. The siege did not succeed in undermining the resolve of the Qatari private sector, Al Sharqi said adding that it (the siege) was also a motive for Qatari businessmen to expand production projects and launch new industrial projects in various sectors, which led to the failure of the siege.

He pointed out that Qatar Chamber has opened the door for various industrial companies and Qatari factories to participate in the exhibition. 'Made in Qatar' exhibition has become very popular during the first days of the registration period. Over 300 companies are expected to participate in this year's edition of the exhibition.

The fifth edition of the 'Made in Qatar' exhibition, organized by the Qatar Chamber, will be held from December 14 to 17, on an area of 20,000 square meters at the Qatar National Convention Center.