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    Ministry signs agreement to support Oman’s honey industry

    Ministry signs agreement to support Oman’s honey industry

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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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    Azerbaijan, Iraq discuss prospects of relations

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    Oman inks pack to bolster role of SMEs in food systems

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      Turkey eyes $5bn bilateral trade with Qatar

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      Miral’s premier Abu Dhabi waterfront project work on track

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        Investments in renewables in Egypt reach LE6 bn: Official

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          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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          UAE launches phase III trial of inactivated Covid vaccine

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          COVID-19 vaccine could be available by autumn: Oxford University

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          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

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          Saudi to be among world’s big leisure tourism hubs by 2030

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          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Azerbaijan, Iraq discuss prospects of relations

          Azerbaijan, Iraq discuss prospects of relations

          Oman inks pack to bolster role of SMEs in food systems

          Oman inks pack to bolster role of SMEs in food systems

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          MAFWR, Port of Duqm sign MoU

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Turkey eyes $5bn bilateral trade with Qatar

            Turkey eyes $5bn bilateral trade with Qatar

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            Iraq set to award new Faw Port deals

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Local, Italian companies partner up to establish food retail chain in Egypt

            Local, Italian companies partner up to establish food retail chain in Egypt

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            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

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            Iraq set to award new Faw Port deals

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Miral’s premier Abu Dhabi waterfront project work on track

            Miral’s premier Abu Dhabi waterfront project work on track

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            Aecom wins Neom utilities infrastructure design contract

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              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              France to help Iraq generate electricity, will invest in education, science: Macron

              France to help Iraq generate electricity, will invest in education, science: Macron

              Acwa Power inks finance deals for 900MW Dubai solar park

              Acwa Power inks finance deals for 900MW Dubai solar park

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

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                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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                UAE sends medical aid to Iraq to fight COVID-19

                UAE launches phase III trial of inactivated Covid vaccine

                UAE launches phase III trial of inactivated Covid vaccine

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                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Qatar Development Bank wins prestigious 'Best SME Loan' Award

              The Peninsula Qatar

              May 29, 2017
              in Finance
              0
              Qatar Development Bank (QDB) was named 'Best SME Loan' during the Arab Banks Awards and Commendations of Excellence 2017. The award ceremony was organized by the World Union of Arab Bankers in Beirut, where it was attended by senior bankers, business community representatives and banking sector magnates from various regional and international financial institutions.
               
              In appreciation of the efforts made in financing and developing SMEs, World Union of Arab Bankers, represented by Chairman, Dr. Joseph Torbey, and Secretary General, Wissam H. Fattouh, delivered the honorary shield to the QDB.
               
              Commenting on the award, Chief Executive Officer (CEO), Abdulaziz bin Nasser Al-Khalifa said: "We are proud of this award which underscores Qatar Development Bank's regional and international excellence in the financing and development of SMEs. Increasingly, due to the development of the right type of support programs, our Qatari companies are beginning to find their rightful place alongside larger, more global companies, and this achievement strengthens our belief that we are on the right track. One case-in-point of a financial program we have developed – which is at the forefront of our SME empowerment strategy – is Al Dhameen, which today, has a portfolio of QR 1.224bn.
               
              "The winning of this award is a resounding confirmation that our assistance is truly benefitting SMEs, which are a strength for our national economy, and presently, are on their way to becoming one of the main sources of national income diversification, in line with the objectives outlined in the Qatar National Vision 2030."
               
              In 2016, QDB’s Al Dhameen program was awarded "Best Financing Program for SMEs in the GCC," a recognition which is awarded to institutions and banks that contribute to the financing of value-added projects for the national economy. As an institution, QDB was named the 'Best Development Bank' during the Banker Middle East Industry Awards. Notably, International Trade Center (ITC), a joint agency of the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD), recently nominated QDB for the 2016 Trade Promotion Organization (TPO) Award, under the category of the best development agency in a developing country. Incidentally, QDB was the sole development agency shortlisted from amongst the countries in the Gulf Cooperation Council (GCC) and Middle East and North Africa (Mena) region.
               
              To promote the private sector, QDB extends wide-ranging financial and non-financial support to entrepreneurs across a myriad of industries. During the year 2016, its total direct financing amounted to QR 6bn, while the portfolio of its indirect financing service stood at QR1.224bn.
               
              The development organization also recently launched its Seed Fund investment program, which is the first of its kind in the Gulf region. The investment program is designed to assist entrepreneurs and their projects by providing financing, sharing capital, risks and profits, thus alleviating the financial burden on emerging local companies.
               
              The Peninsula Qatar 
              29 May
               
               
               
               
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