Qatar Development Bank (QDB) recently concluded the first Qatar Virtual Exhibition (QVE) which brought together small and medium sized enterprises (SMEs) from the State of Qatar and international distributors, contractors and buyers. The event explored import and export opportunities, strategic partnerships and market accessibilities.
Qatar Development Bank (QDB) is a key stakeholder for the promotion and support of SMEs and is working tirelessly on the facilitation of non-oil and gas exports by advancing and enhancing the platforms such as the Export Development Agency (Tasdeer).
SMEs are an important part of a national economy and their contribution to Qatar`s economic diversification is key to the implementation of the National Development Strategy 2018 – 2022 (PDF) (NDS 2018 – 2022) and the Qatar National Vision 2030 (QNV 2030).
The event used digital platforms which allowed Qatari entrepreneurs to exhibit the products and services of their start-ups, scale-ups and SMEs virtually. International buyers had the opportunity to book virtual meetings with manufacturers from a wide range of sectors.
Despite the pandemic and the limitations or restrictions, Qatari exporters increased the total exports by 23% to QAR 686 million (USD 188 million) in 2020. In addition, 115 Qatari exporters participated in 10 matchmaking events and 27 Qatari exporters joined the Chinese e-commerce platform, Alibaba.
The QVE will be available to Qatari exporters and international buyers for a year in order to ensure a continuation of the communication and to encourage their collaboration and cooperation.
Please click on the link and reach out to learn more about Qatar Development Bank and the most relevant stakeholders as well as Business Start Up Qatar.
A webinar hosted by the Qatar Financial Centre (QFC) and titled “Exploring Tender Opportunities at the Supreme Committee for Delivery & Legacy” discussed the potential for businesses and projects related...Read more
The State of Qatar is expected to invest more than QAR 113.15 billion (USD 31 billion) into large-scale projects this year. The estimation is in line with the country’s QAR 47.45 billion (USD 13 billion)...Read more
Qatar’s plans to expand the Liquefied Natural Gas (LNG) capabilities and capacities promise a major boost to the growth of the national economy. The expansion results in a projected surplus between 2021...Read more
Qatar’s budget for the first quarter of this year was exceeded by QAR 200 million (USD 54.8 million). The surplus is partly related to the most recent increase in the oil prices, the level of budgetary...Read more
Qatar has witnessed a lot of investment in the digital sector in line with the digital transformation of the country and the establishment of a knowledge-based economy as set out in the [Qatar National...Read more
With the world’s economy coming to a near standstill in 2020, economists from around the world have shared various analyses into how national economies will perform after this impasse related to the...Read more
The collaboration and cooperation of the public sector and the private sector will strengthen the position of the State of Qatar as a hub for business, trade and investment in the Middle East.