Qatar Development Bank (QDB) is a financial entity fully owned by the government, set up by Emiri Decree to invest in and develop local industries by supporting SMEs in Qatar. QDB’s support of QBIC is directly aligned with the bank’s mission, vision and strategy.
QDB has the mission of accelerating the development of the Qatari private sector in line with the diversification needs of Qatar. The bank’s vision is to be the primary enabler of Qatar’s private sector and economic diversification through strategies to shift the economic focus away from the hydrocarbon industry by stimulating a robust and diversified private sector. QBIC plays an important role in helping fulfil these aims for a thriving and sustainable Qatari economy.