Qatar Development Bank (QDB), previously known as Qatar Industrial Development Bank, is a bank in Qatar offering
financial services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...
,
banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
and loans to the development of the
industrial,
tourism
Tourism is travel for pleasure, and the Commerce, commercial activity of providing and supporting such travel. World Tourism Organization, UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as ...
,
educational
Education is the transmission of knowledge and skills and the development of character traits. Formal education occurs within a structured institutional framework, such as public schools, following a curriculum. Non-formal education also fol ...
,
health care
Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...
,
agricultural
Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created f ...
, animal resources and
fisheries
Fishery can mean either the enterprise of raising or harvesting fish and other aquatic life or, more commonly, the site where such enterprise takes place ( a.k.a., fishing grounds). Commercial fisheries include wild fisheries and fish farm ...
sectors of the Qatari economy. It was created in 1997 by Emiri Decree No. 14 with the objective of diversifying Qatar's economy by promoting developmental projects.
Qatar Business Incubation Center
The Qatar Business Incubation Center (QBIC) was established in a joint venture by QDB and the Social Development Center in 2010, and officially started operating in March 2014. As the most extensive mixed-use incubator facility in the Middle East, its aim is to promote companies and finance business ideas. All the center's facilities are split up into stages and spread across 20,000 sq meters.
The center has signed many agreements with global companies to promote investments and swap knowledge; for example, in 2015, the center signed a memorandum of understanding (MOU) with
Microsoft Qatar in order to encourage entrepreneurial ventures in Qatar's technology industry.
See also
*
List of national development banks
A national development bank is a development bank created by a country's government that provides financing for the purposes of economic development of the country.
Africa
* Botswana: National Development Bank of Botswana (NDB Botswana)
* Ethiopia ...
References
External links
Official website
Banks of Qatar
Banks established in 1997
Companies based in Doha
Qatari companies established in 1997
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