QC, QDB discuss ways to boost industrial and export sectors
Tribune News NetworkDohaQatar Chamber, in the presence of Chairman HE Sheikh Khalifa bin Jassim bin Mohammed Al Thani, recently held its regular meeting with Qatar Development Bank...
On a critical and challenging day, the Qatar Chamber convened with the Qatar Development Bank (QDB) to discuss and explore ways to bolster the industrial and export sectors. The meeting, chaired by Abdulrahman bin Hisham Al-Suwaidi, the CEO of QDB, brought together local manufacturers, exporters, and senior representatives from both organizations.
Key issues facing factories, industrial companies, and exporters were identified and solutions were proposed. The Qatar Chamber's Chairman, Sheikh Khalifa bin Jassim Al Thani, emphasized the importance of continued collaboration between the Chamber and QDB to transform challenges into opportunities for growth and expansion. QDB's CEO highlighted a 160% increase in support provided since the onset of regional tensions, reaching over QR1.1 billion.
The Bank's Operations Room played a significant role in this support, offering financial grants, working-capital assistance, and specialized advisory services. Exporters showcased their adaptability and ability to navigate changing market conditions, entering new markets and reshaping export routes. Strengthening exports and capacity-building initiatives were also emphasized as crucial steps towards expanding Qatar's industrial and export base.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
