Posted on September 04, 2016

As part of its Tasdeer program, Qatar Development Bank (QDB) hosted its latest training workshop, “Export to Saudi Arabia,” to stimulate the local private sector and increase the exports of non-oil and gas Qatari products across the region and the globe. The aim of QDB’s Tasdeer program is to contribute to the diversification of the national sources of income, as envisioned in the Qatar National Vision 2030.

QDB’s latest training workshop, “Export to Saudi Arabia,” was conceived as a result of an intensive market study, carried out by a team of specialists from QDB’s export arm, Tasdeer. The study, on which the training workshop was based, had examined case studies of Qatari companies that had flourished in the Saudi Arabian market, and analyzed the causes of their success.

Abdulaziz bin Nasser al-Khalifa, Chief Executive Officer (CEO) of QDB, said: “We, at QDB, are firmly committed to the export and promotion of Qatari products across the global marketplace. Our study reviewed the opportunities for Qatari exporters and identified 35 major products whose continued sales may effectively contribute to a higher volume of exports. Through Tasdeer’s ‘Export to Saudi Arabia’ training workshop, we seek to implement the regional component of our strategy to export non-oil and gas Qatari products.”

Ninety-one participants were in attendance at the “Export to Saudi Arabia” training workshop. Furthermore, government representatives from the Embassy of Saudi Arabia were also specially invited to facilitate bilateral meetings between Qatari exporters and Saudi Arabian importers. The “Export to Saudi Arabia” training workshop was tailored specifically in anticipation of the upcoming trade fairs in Riyadh and Jeddah, Saudi Arabia, which will be held from December 5 to 8, 2016. The purpose of the workshop was to inform local trade companies of the different importers operating in KSA, and to spread awareness about the various regional and global trade agreements in place to facilitate trade.

In addition to the trade fairs in Saudi Arabia, Tasdeer is preparing local Qatari exporters for upcoming events in Europe this year. SIAL, a food and beverage industry exhibition, will take place in Paris, France, and K Trade Fair (K 2016), a plastics and rubber trade fair, will take place in Dusseldorf, Germany. QDB seeks to empower Qatari small and medium-sized enterprises (SMEs) by facilitating their access to global markets, and provides local SMEs with opportunities to participate in regional and international trade fairs.