Posted on May 04, 2015

Qatar Business Incubation Center (QBIC) and Qatar Finance and Business Academy (QFBA), signed a memorandum of understanding on May 3rd, 2015 instigating a partnership that signifies both parties’ commitment to create a modern, knowledge-based economy aligned with Qatar National Vision 2030.

The agreement is part of QBIC’s long-term plan to partner-up with outstanding organizations that provide quality services and practical tools to help achieve its mission of developing the next QAR 100 million companies in Qatar. As QBIC and QFBA provide training as part of their services, both believe in personal development as a means to achieve growth in the private and financial sector, securing a more sustainable economy. QFBA, founded by Qatar Financial Center Authority, provides a variety of courses in business and finance to raise standards within the financial services industry and help organizations and professionals alike meet their business objectives.

The partnership will allow up a number of QBIC incubatees to participate in selected QFBA courses free of charge. In addition, customized courses can be catered to the needs of QBIC incubatees for special rates. Qatar Development Bank CEO and QBIC Chairman Abdulaziz Bin Nasser Al Khalifa said: “QFBA is a valuable, long-term partner and is an establishment that believes in the same core values as we do. QFBA’s carefully selected courses will offer QBIC incubatees a deeper insight on the technicalities of business management and finance.”

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Dr. Abdulaziz Al-Horr, CEO of Qatar Finance and Business Academy said: “QFBA is delighted to open its doors to QBIC’s ambitious incubatees and we hope to provide them with sufficient insights that will assist them in developing their startup companies.” Aysha Al Mudahka QBIC CEO said: “We’re thrilled to be partnering with a leading business and finance academy, and to be able to offer our entrepreneurs a unique opportunity to expand their knowledge in this field. We hope they use what they learn during the customized courses to strengthen and grow their startup companies.”