By Sachin Kumar
DOHA: Qatar Development Bank (QDB) and Qatar Chamber (QC) signed agreement yesterday that saw QDB becoming the strategic sponsor of the fifth edition of ‘Made in Qatar’ exhibition to be held in Riyadh. The four-day exhibition, beginning November 6, is expected to see participation of over 200 entrepreneurs from Qatar.
Abdulaziz bin Nasser Al Khalifa, Chief Executive Officer, QDB and Saleh Hamad Al Sharqi, Director General, QC signed sponsorship agreement in a ceremony held at the Chamber’s headquarters.
QDB has sponsored the previous four editions of the ‘Made in Qatar’ exhibitions and it is the first time the exhibition is being organised outside Qatar.
“QDB is proud to sponsor this year’s exhibition. It is our unwavering commitment to support all initiatives and ideas that invigorate and enrich the Qatari industrial sector,” said Abdulaziz bin Nasser Al Khalifa in a press conference yesterday. “The past four editions of ‘Made in Qatar’ achieved remarkable local success, and we expect the same level of accomplishments on the regional level. We are delighted to join hands with Qatar Chamber to serve the development of our national economy, as envisioned in the Qatar National Vision 2030,” he added.
The bilateral trade between Qatar and Saudi Arabia touched QR6.94bn in 2015. Qatar’s imports from Saudi Arabia were at QR5.11bn while exports stood at QR1.83bn last year, according to data provided by QC.
“We are proud to have QDB onboard as our strategic sponsor of ‘Made in Qatar 2016’, as we are certain that the exhibition will help usher in a new economic era for Qatar by helping the nation achieve its aspirations in the global market,” said Saleh Hamad Al Sharqi. “‘Made in Qatar 2016’ is an initiative that helps provide local businesses, from across a wide range of sectors, with a forum to display their best achievements and showcase the nation’s rapid economic developments. Furthermore, the active involvement of the small and medium-sized enterprise (SME) participants also serves as a testimony to the fertile environment that the Qatari market offers interested investors,” he said.
This year’s exhibition will be hosted at an expansive, 10,000 square metre show area at Riyadh International Convention & Exhibition Center, in Riyadh. Inaugurated in 2009 with the aim of promoting Qatari industries regionally and internationally, ‘Made in Qatar’ has witnessed success in attracting key players across all industrial fields.
The last edition witnessed participation of more than 220 Qatari businesses and manufacturers.
The Peninsula
