Posted on April 01, 2017

As part of their commitment to supporting Private sector including Small and Medium Enterprises (SMEs) across Qatar, Qatar Museums (QM) and Qatar Development Bank (QDB) have joined forces to provide SMEs with new business opportunities within each organisation.

QM and QDB are calling on SMEs across Qatar in the fields of hospitality, food and beverage, merchandising, retail and creative products and design to develop and submit ideas on ways that they can add value and have the chance to join QM and QDB’s growing supply chain. QM will appoint SMEs in the related industries sectors and QDB will design SME friendly programs and will assist in sourcing and selecting the SMEs to accommodate their needs. The partnership forms part of a nationwide strategy to promote and accelerate the development of the private sector in Qatar, and falls in line with the economic pillar of the Qatar National Vision 2030.

Mansoor bin Ebrahim Al Mahmoud, CEO and Special Advisor to H.E. the Chairperson at Qatar Museums said: “Qatar Museums is an active supporter of Private sector including SMEs in Qatar. Our role is to develop, promote and sustain the cultural sector in Qatar at the highest standards. This is a huge ambition, which cannot be achieved without the help of strong and committed partners.” He added, “Doing business in today’s economic climate can be challenging. We want to empower SMEs to accelerate the growth of Qatar’s private sector. Our doors are open for business and we urge SMEs across Qatar in the fields of hospitality, food and beverage, merchandise, retail and creative products and design to come forward, tell us their ideas on how they can support, add value and grow our organisation and join our thriving supply chain.”

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Abdul Aziz bin Nasser Al Khalifa, CEO of Qatar Development Bank said: "Through this partnership with Qatar Museums we aim to support and develop the private sector, especially small and medium enterprises in various sectors, to become an integral part of our national economy," He added, “Our strategy is to stimulate the private sector to become active, strong and diversified in order to build an integrated knowledge based economy." "Qatar Development Bank aim to achieve these goals by providing investment opportunities to small and medium enterprises as we work hard to activate partnerships that facilitate the entry of small and medium enterprises into government and semi-government supply chains"

The partnership will see both organisations developing a number of SME friendly programmes to establish a culture of entrepreneurship, and a series of workshops, training sessions, educational programmes and seminars for local SMEs on the subject of entrepreneurship will be held. QM and QDB have full confidence in local suppliers and strongly believe that growth and diversification of the national economy through the support of local entrepreneurs and SMEs is vital in achieving economic growth.