QFZA, QDB collaborate on initiative to enhance Qatar’s investment climate

  • Date: 25-Jul-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Qatar
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QFZA, QDB collaborate on initiative to enhance Qatar’s investment climate

Qatar Free Zones Authority (QFZ) and Qatar Development Bank (QDB) announced their cooperation in a new joint initiative to strengthen and enhance the investment climate in Qatar by supporting investors operating in the free zones through a wide range of financial and advisory programmes and services provided by QDB.

This comes as part of the expansion of the authority's partnerships with key national players, and promoting its position as a distinct investment destination in the region.

This initiative is based on an agreement between the two parties, signed by CEO of Qatar Free Zones Authority HE Sheikh Mohammed bin Hamad bin Faisal Al-Thani, and CEO of Qatar Development Bank Abdulrahman Hesham Al Sowaidi. The signing ceremony was held at the Business Innovation Park in Ras Bufontas Free Zone and was attended by several senior officials from QFZ and QDB.

The bilateral initiative aims to enhance cooperation between QFZ and QDB in order to better serve investors in the free zones. This collaboration will provide investors with access to a broad range of financial services and programs, advisory, and training courses offered by Qatar Development Bank.

As part of these services, QDBs tailored financial and advisory solutions will also provide the required support for all