QIB inks deal with Qatari startup Loop to encourage sustainable mobility

QIB inks deal with Qatari startup Loop to encourage sustainable mobility

Qatar Islamic Bank (QIB), the region’s leading digital bank, has signed a cooperation agreement with Loop Mobility to promote sustainable mobility and encourage the public to use eco-friendly alternative to personal cars.

Loop Mobility is an aspiring startup based in Qatar transforming operations with a revolutionary e-scooter model and supporting national efforts towards building a more sustainable future.

The agreement is in line with QIB’s sustainability principles for urban mobility and encourages the public to reduce their carbon footprint to mitigate the effects of climate change.

According to the statement, QIB branded e-scooters will be placed in strategic points that are commuter friendly including Doha, Lusail, Al Waab, Al Aziziya, Al Sudan, and around metro stations.

Dinos Constantinides

Chief Strategy & Digital Officer

QIB “We are pleased to be partnering with Loop Mobility to encourage the public to use more environmental-friendly means of transportation. As the weather cools down, e-scooters are an efficient, affordable, and eco-friendly transportation solution. We have always been advocates for sustainability efforts in Qatar and we hope this encourages further reliance on e-scooters to help cut down emissions and protect our environment. This partnership supports our commitment towards sustainability as well as our efforts to contribute to the development of Qatar’s startups