QATAR DEVELOPMENT BANK’S PARTICIPATION AT SAUDI EXHIBITION A SUCCESS

DOHA, Qatar, Mar 30 – Qatar Development Bank (QDB) concluded its successful participation at the “Big Five Saudi” Exhibition held in Jeddah, Saudi Arabia from Mar 7 to 10, with the participation of 547 companies.

The Qatari Pavilion, hosted by QDB and its export arm, TASDEER, allowed visitors access to 27 Qatari private sector companies, specialised in the basic and supplementary industries in the field of construction.

Commenting on the event, Executive Director of TASDEER, Hassan Al Mansoori, said that, the Big Five Saudi was one of the largest exhibitions for building and construction. It provided a respected industry platform for marketing products and building business relationships.

He said that, QDB’s participation encouraged Qatar’s private sector and helped develop international export and import leads.

“TASDEER has the important role of promoting local companies at international events and gives them access to world markets, to showcase quality Qatari products,” he added.

TASDEER provides financial solutions, credit insurances and advisory services for Qatari exporters. It further supports businesses in developing their export capabilities, through export development and promotion.

QDB was established in 1997 as the Qatar Industrial Development Bank, a 100 percent government-owned developmental organisation.

Its primary aim was to develop investments within local industries, thereby accelerating growth and economic diversification in Qatar, through support for private sector.

Source: Name News Network