Qatar’s QDB fiscal support to firms surpasses QR6bn

14 Nov 2016

(MENAFN) Qatar Development Bank (QDB) has offered QR6bn amid its direct lending program to many companies.

Accordingly, the bank has provided more than QR6bn as direct lending, while Al Dameen Program has surpasses QR1bn marks.

Meanwhile, under Jahez Program, which is a mutual initiative between QDB and the Ministry of Energy and Industry, they are building 46 factories.

Moreover, the initiative also plans to accelerate the trend towards a diversified and knowledge-based economy to achieve sustainable economic development.

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