Q Life Magazine Q Magazine December 2017 | Page 65

Looking to the future | | Qatar Development Bank stand Think Global Support Local Qatar Development Bank’s successes go beyond building up the private sector. The organisation has also become a powerful catalyst for socio-economic development. It has helped to empower the Qatari workforce, increase living standards, and provide a number of exciting investment opportunities for Qatari businesses. Loving the local A key part of QDB’s remit involves promoting local products and services, as well as fostering an economic culture of “buying local.” Every initiative, project and programme has always been modelled around one shared aspiration: to localise the supply chain. Aiming global In 2011, QDB launched export agency Tasdeer to give Qatari businesses an edge in foreign markets. Tasdeer provides vital funding and specialist export advice to a host of companies seeking markets abroad. A key instrument of Qatar’s commercial diplomacy efforts, Tasdeer has promoted nearly 80 Qatari exporters in international exhibitions across MENA and Europe, and generated export deals and new international business orders worth over QAR 720 million. 65