(MENAFN- The Peninsula)
The Business Year (TBY), a global publishing house and research firm on emerging economies, has awarded Qatar Development Bank (QDB) as "Qatar's SME Supporter."
The award was received by Abdulaziz bin Nasser Al Khalifa, CEO of QDB, who previously held an interview with TBY to talk about the bank's financing scheme for SMEs and its role in the development of the private sector in Qatar.
The award recognises QDB's abundant support for Qatar's SME sector. For 2017, the bank has launched a unique scheme for financing SMEs and will target 25 projects in a startup phase.
In addition, QDB has provided funds and support for entrepreneurs establishing businesses in Qatar through its subsidiary, the Qatar Business Incubation Center (QBIC). Despite the impact of low oil prices on government revenues, the budget allocation for funding SMEs has held steady, positioning QDB as the main contributor to the flourishing entrepreneurship environment in Qatar.
After the successful releases of three editions, TBY has returned to Doha in partnership with the Ministry of Economy & Commerce to produce The Business Year: Qatar 2017, the most comprehensive publication on the Qatari economy.
This year's edition, which features interviews with senior executives and government officials across all sectors, will be published in early 2017 and will contain the views and insights of over 150 business leaders. In addition to such interviews, the publication will feature sector analyses, focus articles, and contributions from foreign dignitaries discussing Qatar's economic future. The publication will be widely distributed both locally and internationally at major economic conferences, investment forums, and events.
The Business Year (TBY) is a leading research firm and publisher of annual economic resources on national economies. Present in over 25 countries, TBY provides first-hand access to the people and ideas shaping business and policy throughout the world. Each country-specific edition contains a comprehensive range of interviews and analysis, offering an inside look at doing business in the world's most dynamic economies. TBY's interviewees, readers, and partners comprise an international network of thought-leaders who are helping to define the future of the global economy.
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