QDB and Ooredoo join forces to launch Digital Factory One

  • Date: 12-Mar-2024
  • Source: GCC Business News
  • Sector:Technology
  • Country:Qatar
  • Who else needs to know?

QDB and Ooredoo join forces to launch Digital Factory One

Qatar Development Bank (QDB) has striked a new partnership with the leading telecom company Ooredoo to leverage Factory One, QDB’s model factory, to empower private companies and Qatari entrepreneurs in their digital transformation journey. The MoU was signed in line with QDB’s efforts to support the digital transformation of Qatar’s entrepreneurship ecosystem, and in conjunction […]Qatar Development Bank (QDB) has striked a new partnership with the leading telecom company Ooredoo to leverage Factory One, QDB’s model factory, to empower private companies and Qatari entrepreneurs in their digital transformation journey.

The MoU was signed in line with QDB’s efforts to support the digital transformation of Qatar’s entrepreneurship ecosystem, and in conjunction with the world’s largest Tech event, the Web Summit Qatar 2024.

QDB will initiate the digital transformation of Factory One, the first-of-its-kind industrial capability center in Qatar and the region, to provide services and capacity building programs to empower SMEs to digitize their operations.

Under the initiative, QDB and Ooredoo will join efforts to launch the “Digital Factory One” as well as several technology-driven programs and joint activities.

Thani Ali Al Malki, Ooredoo’s Chief Business Officer, said Ooredoo was pleased to sign an MoU with QDB, with the aim of fast tracking the digital