Qatar Development Bank (QDB) participated Wednesday in the St Petersburg International Economic Forum, one of the world's most important economic forums.
The bank aims to enhance co-operation between the State of Qatar and the Russian Federation, in addition to enhancing the status of small and medium enterprises, developing co-operation opportunities, and building future partnerships among other matters.
The bank said in a statement that 16 Qatari exporting companies held talks with Russian companies.
The statement also said that there were preliminary orders worth QR 75mn that were made during the meetings, in addition to nine Qatari companies joining the virtual platform for projects in the attendance of Russian and international investors.
The statement noted that the judges voted for Qatari company Else Lab (which is backed by Qatar Development Bank) as the best small and medium enterprise in one of the sessions.
CEO of Qatar Development Bank Abdulaziz bin Nasser al-Khalifa said that participating in the event in Russia was to enhance the scope of co-operation and partnership opportunities between the Qatari companies, to support Qatar National Vision 2030 of having a diversified and sustainable economy.
He added that QDB, in its capacity as responsible of growing private sector exports and support SMEs, looked to open new avenues for Qatari companies.
He also noted that the bank succeeded in continuing to support entrepreneurs in 2020, despite the challenges that rocked the world during that year.
The bank aims to enhance co-operation between the State of Qatar and the Russian Federation, in addition to enhancing the status of small and medium enterprises, developing co-operation opportunities, and building future partnerships among other matters.
The bank said in a statement that 16 Qatari exporting companies held talks with Russian companies.
The statement also said that there were preliminary orders worth QR 75mn that were made during the meetings, in addition to nine Qatari companies joining the virtual platform for projects in the attendance of Russian and international investors.
The statement noted that the judges voted for Qatari company Else Lab (which is backed by Qatar Development Bank) as the best small and medium enterprise in one of the sessions.
CEO of Qatar Development Bank Abdulaziz bin Nasser al-Khalifa said that participating in the event in Russia was to enhance the scope of co-operation and partnership opportunities between the Qatari companies, to support Qatar National Vision 2030 of having a diversified and sustainable economy.
He added that QDB, in its capacity as responsible of growing private sector exports and support SMEs, looked to open new avenues for Qatari companies.
He also noted that the bank succeeded in continuing to support entrepreneurs in 2020, despite the challenges that rocked the world during that year.