QDB Signs Strategic Sponsorship of "Made in Qatar 2016" Exhibition

Doha, September 21 (QNA) - Qatar Development Bank (QDB) and Qatar Chamber signed a sponsorship agreement, by which QDB became the strategic sponsor of the fifth instalment of the ongoing "Made in Qatar" exhibitions to be held in Riyadh, Kingdom of Saudi Arabia (KSA), from 6-9 November 2016. QDB sponsored each of the four previous editions of the "Made in Qatar" exhibitions due to their commitment to developing Qatars industrial sector and encouraging local investments. This year, "Made in Qatar 2016 will be hosted at an expansive, ten-thousand square meter show area, Riyadh International Convention & Exhibition Center, in Riyadh, KSA. This will be the first time the exhibition is held outside of Qatar. "QDB is proud to sponsor this years exhibition. It is our unwavering commitment to support all initiatives and ideas that invigorate and enrich the Qatari industrial sector," said Abdulaziz bin Nasser al-Khalifa, Chief Executive Officer (CEO), QDB. "The past four editions of Made in Qatar achieved remarkable local success, and we expect the same level of accomplishments on the regional level. We are delighted to join hands with Qatar Chamber to serve the development of our national economy, as envisioned in the Qatar National Vision 2030." On this occasion, Saleh Hamad al-Sharqi, Director General, Qatar Chamber, shared Qatar Chambers appreciation for QDBs consistent sponsorship of the "Made in Qatar" events, since its premier instalment in 2009. He noted: "We are proud to have QDB onboard as our strategic sponsor of Made in Qatar 2016, as we are certain that the exhibition will help usher in a new economic era for Qatar by helping the nation achieve its aspirations in the global market." "Made in Qatar 2016 is an initiative that helps provide local businesses, from across a wide range of sectors, with a forum to display their best achievements and showcase the nations rapid economic developments. Furthermore, the active involvement of the small and medium-sized enterprise (SME) participants also serves as a testimony to the fertile environment that the Qatari market offers interested investors," he continued. In conclusion, Saleh Hamad al-Sharqi underlined Qatar Chambers confidence for the "Made in Qatar 2016" exhibition to succeed in its objective of forging stronger ties between local industries and foreign investors through offering unique business opportunities for both Qatari and Saudi Arabian private sectors. Inaugurated in 2009 with the aim of promoting Qatari industries regionally and internationally, "Made in Qatar" has witnessed success in attracting key players across all industrial fields. The last edition involved the participation of more than 220 Qatari businesses and manufacturers. This years "Made in Qatar" exhibition enables Qatari companies to exchange knowledge and expertise with their Saudi Arabian peers, as it paves the way for consolidating further Qatar-KSA economic partnership. Moreover, the exhibition opens new external markets for Qatari manufacturers, especially for SMEs, and presents potential investment opportunities to Saudi Arabian entrepreneurs. In addition to sponsoring all five instalments of the "Made in Qatar" exhibitions, QDB has contributed to this ongoing development of the industrial sector through its funding and consultancy programs that have generated robust results, most evident in diversifying the products of the industrial sector with non-oil and gas products. Examples of businesses that QDB has supported include those involved in manufacturing chemicals, plastics, woods, electronics, and food and beverage. (END)