QDB partners with Global Ventures & Raed Ventures to propel private sector

QDB partners with Global Ventures & Raed Ventures to propel private sector

Qatar Development Bank (QDB) has signed two Memoranda of Understanding (MoUs) with international investment fund Global Ventures and the Saudi investment company, Raed Ventures, on the sidelines of Qatar Web Summit 2024. The new partnerships fall in line with QDB’s efforts to propel the private sector and create promising investment opportunities, and QDB’s strategy to […]Qatar Development Bank (QDB) has signed two Memoranda of Understanding (MoUs) with international investment fund Global Ventures and the Saudi investment company, Raed Ventures, on the sidelines of Qatar Web Summit 2024.

The new partnerships fall in line with QDB’s efforts to propel the private sector and create promising investment opportunities, and QDB’s strategy to bolster Qatar’s investment landscape and empower entrepreneurs to access new financing solutions by engaging with leading international investment funds across the region.

QDB’s Senior Investment Manager Mohammed Al Emadi said the MoU reflects the bank’s commitment to the development of Qatar’s entrepreneurship and venture capital ecosystem. “It also reflects our responsibility towards developing the private sector and providing the best financing and advisory solutions for entrepreneurs and startups.”

Co-founder of Global Ventures, Nour Sweid said the cooperation with QDB will enhance access to Qatar’s entrepreneurship ecosystem. “The agreement represents a continuation of our