Qatar Development Bank (QDB) and Qatar Chamber signed a sponsorship agreement, by which QDB became the strategic sponsor of the fifth instalment of the ‘Made in Qatar’ exhibition to be held in Riyadh, Kingdom of Saudi Arabia (KSA), from 6—9 November 2016.
The signing ceremony was attended by Abdulaziz bin Nasser al-Khalifa, Chief Executive Officer (CEO), QDB; HE Sheikh Khalifa bin Jassim bin Mohammed al-Thani, Chairman, Qatar Chamber; and Saleh Hamad al-Sharqi, Director General, Qatar Chamber.
This year, the expo will be hosted at an expansive, ten-thousand square meter show area, Riyadh International Convention & Exhibition Center. This will be the first time the exhibition is held outside of Qatar.
Abdulaziz bin Nasser al-Khalifa said:
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.’
Saleh Hamad al-Sharqi underlined Qatar Chamber’s confidence for the 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.
This year’s 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.