Posted on October 25, 2015

Qatar Islamic Bank (QIB), Qatar's leading Islamic Bank, is the main sponsor of the International Conference on Access to Financing for Small and Medium Enterprises (SMEs) and Entrepreneurs in the Arab World. The conference is organized by Qatar University, College of Business and Economics, taking place at Qatar University on the 26 and 27 of October 2015.

The objective of the conference is to discuss ways to improve access to finance for SMEs in the Arab World.  Discussions will evolve around how policy makers in the Arab World are applying international practices and available tools for business environment reforms as well as encourage academic research in the area of access to finance for SMEs. Another goal is to better articulate the positive impact of those initiatives on the development of the private sector and the economy.

QIB’s sponsorship and participation at the conference is in line with the Bank’s commitment to support Qatar’s National Vision 2030 of creating a diversified economy by developing the private sector and the small and medium enterprises in particular.It is an integral part of QIB’s Social Responsibility, which entails supporting key social, educational and community events. The conference will also focus on the University’s efforts to support entrepreneurship through its academic programs and its innovative Center for Entrepreneurship. It will address a number of topics in relation to entrepreneurship and SMEs, with a particular focus on financing.

Over its four sessions, the conference will explore themes such as the role of the government in facilitating financial access for SMEs, private equity for entrepreneurs and SMEs, banking finance issues for SMEs and entrepreneurs, and debt and direct finance as options for SMEs and entrepreneurs. An additional workshop session will cover access to finance for SMEs in Qatar and GCC countries.

“This conference reflects the important role of educational institutions in discussing and developing solutions for economic objectives and challenges relevant to both our local community and the region as a whole,” said Mr. Bassel Gamal, QIB’s Group CEO. Mr.Gamal added:“QIB’s support underscores our on-going commitment to support local community events and the country’s economic development. SMEs and entrepreneur financing is an area in which QIB has strong expertise, and we are pleased to be able to support research and discussion relating to this growing economic sector.”

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