tag

Thursday, September 24, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "National Products" (2 articles)

Qatar Development Bank and Qatar Chamber have reviewed mechanisms to support industrialists and exporters, as well as ways to enhance the competitiveness of national products.
Business

QDB, Qatar Chamber review support mechanisms for industrialists, exporters

Qatar Development Bank (QDB) and Qatar Chamber reviewed mechanisms to support industrialists and exporters, as well as ways to enhance the competitiveness of national products. They also discussed the challenges facing the industrial sector and exporting companies.This took place during a periodic meeting between the two sides, attended by a number of industrialists, exporters, and representatives of Qatari industrial companies. Participants raised several challenges they face, most notably the high cost of raw materials and logistics.In his opening remarks, Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani said that the meeting comes at a critical and challenging time that requires greater coordination among all relevant stakeholders. He praised QDB's vital role in supporting the Qatari economy through financing, supporting innovation and entrepreneurs, developing the business environment, and enabling national factories and enterprises to expand their operations and enhance their competitiveness in international markets."Qatar Chamber remains committed to addressing the challenges facing factories, industrial companies and exporters by finding practical, swift and sustainable solutions," Sheikh Khalifa said.He stressed the importance of cooperation with the the Bank to turn these challenges into opportunities for growth and expansion, enhance the efficiency of national companies, promote value-added industries, support the industrial sector, expand the industrial export base, access regional and international markets, and facilitate the establishment of new projects.QDB CEO Abdulrahman bin Hisham al-Suwaidi, said that the meeting aligns with QDB's commitment to identifying the needs of private-sector companies and gathering their views in light of the current challenges. He noted that this enables the Bank to capture market realities, anticipate challenges, and design proactive, data-driven interventions to address any potential difficulties that companies may face, while also capitalising on emerging market opportunities.Headded: "At QDB, in partnership with Qatar Chamber and national stakeholders, we are committed to identifying the challenges facing the private sector and working to develop appropriate solutions. During the year, we launched an integrated package of services in response to the current circumstances through a dedicated operations room. These measures aim to support supply chains and finance raw material inventories for factories, in addition to providing a financial grant to support the import of products and logistical requirements for national factories."Furthermore, our support package includes working capital support programmes for industrial and service sectors, specialised advisory services, and the proactive rescheduling of credit facilities granted to companies, to provide the liquidity needed to grow businesses and enhance productivity."Al-Suwaidi noted that the value of support provided since the onset of regional tensions has exceeded QR1.1bn, representing a 160% increase compared to the same period in 2025. Nearly half of this support was delivered through QDB's Operations Room programmes.He also noted that the Bank conducted an in-depth analysis of the export sectors, which showed the positive performance of exporters working with Qatar Exports, a QDB entity. Despite the challenges, exporters succeeded in opening new markets and rapidly reshaping their export routes.Qatar Chamber Board Member and Chairman of the Industry Committee, Abdulrahman Abdullah al-Ansari said the Chamber recognises the scale of the challenges facing the private sector and has played a significant role in addressing obstacles facing companies and factories.He stressed the importance of supporting exports, particularly given the high quality and strong competitiveness of Qatari products.

Gulf Times
Business

Ministry of Finance, QDB organise meeting to discuss mandatory list of national products

As part of the State of Qatar's efforts to promote national industry and enhance local content in government procurement, the Ministry of Finance, in collaboration with Qatar Development Bank (QDB), organised a dedicated meeting to present and discuss the draft Mandatory List of National Products, reports QNA.The meeting targeted owners and managers of Qatari factories as well as contracting companies, providing a platform for direct dialogue on the proposed implementation mechanisms, and offering an opportunity to gather feedback and insights from representatives of the industrial sector regarding activation opportunities and integration with government entities.This initiative reflects the commitment of the relevant authorities to empower national manufacturers to benefit from government procurement opportunities and to strengthen partnerships between the public and private sectors, contributing to the realisation of Qatar National Vision 2030 for a diversified and sustainable knowledge-based economy.