Qatar Development Bank (QDB) is spearheading an inaugural trade mission to the UAE, marking a significant move to bolster the economic partnership between the two nations. With more than 25 Qatari companies from a range of sectors joining the mission, the initiative aims to explore new business opportunities, forge valuable partnerships, and increase economic collaboration across industries.
The trade mission, organized by QDB’s export promotion arm, Tasdeer, seeks to tap into the growing demand in the UAE market across several sectors, including construction, plastics, paper industries, food and beverage, and innovative technologies like artificial intelligence and sports tech. This diverse participation highlights the shared vision of both nations for economic integration through collaboration and innovation.
Khalid Abdullah Al-Mana, Vice President of Enterprise Development at QDB, remarked, “This mission aims to present Qatari companies as trusted partners in the UAE market, as we look forward to empowering our longstanding economic relations with our counterparts in the United Arab Emirates. Our support for leading Qatari companies to access new markets enhances opportunities for joint cooperation, which contributes to the development of the local business ecosystem and serves the interests of both the Qatari and UAE economy.”
The UAE market, with its expansive growth and business-friendly environment, is seen as a key destination for Qatari companies looking to expand their footprint. Al-Mana added that the trade mission is just one of many efforts designed to deepen economic ties between Qatar and the UAE, particularly in critical industries that will shape the future of both nations.
Taking place on 19-20 November 2024 at the One&Only One Za’abeel hotel in Dubai, the B2B trade mission event invites companies from both countries to engage in matchmaking meetings, share insights on market trends, and discuss potential collaborations. In addition to the B2B sessions, participants will have the opportunity to attend site visits to better understand local business dynamics and explore further partnership possibilities.
With Qatar Development Bank continuously supporting the growth of small and medium enterprises, the trade mission provides an essential platform for companies to expand their networks and tap into both local and global markets. Notably, trade volume between Qatar and the UAE has seen a robust 19% increase year-on-year from 2021 to 2023, underscoring the effectiveness of such initiatives in driving economic prosperity across the Gulf.
To learn more about the mission and register for the event, visit Qatar UAE Trade Mission.
