CEO Today Middle East Awards

47 CEO TODAY MIDDLE EAST AWARDS 2020 Banking He played the leading role in the launch of several flagship development initiatives, including Al Dhameen Partial Guarantee Program, Tasdeer Qatar Export Development Agency and the Housing Loan Program for Qatari citizens, Moushtarayat Exhibition & Congress and Al Fikra National Competition. Mr. Al-Khalifa holds an MBA from Qatar University, a Bachelor in Electrical Engineering from University of California, and has received several specialized diplomas from Harvard and INSEAD Universities. Qatar Development Bank is a fully funded entity owned by the State of Qatar, headquartered in Doha. The bank offers variety of programs that support to develop the local privet sector anddiversify Qatar economy, such as finance & non-finance programs for added value SMEs, training and mentorship programs for Qatari youth about entrepreneurship to establish a new business, along with various solutions to support local manufacturing and export. Qatar Development Bank is also in charge of housing loans for Qatari citizens subjected to the related parties’ approvals. Qatar Development Bank supports all industry sectors that add value to the economy, except for real estate, trading, contractor, and construction fields. OUR VISION To develop and empower Qatari entrepreneurs and innovators to contribute to the diversification of the Qatari economy, through successful small and medium enterprises that are able to compete in global markets, through: • Direct and indirect financing of mandated sectors in general, with a sector agnostic approach • Promoting and supporting exports • Providing business support, through a set of initiatives and services associated with real estate development and housing loans to citizens • Enhancing technical skills and developing capabilities • Providing opportunities for small and medium enterprises domestically and globally • Promoting SME ecosystem development OUR MISSION To improve the economic development cycle by providing entrepreneurs and SMEs with a wide range of financial and advisory products under one roof. OUR STRATEGY Our strategy is to stimulate a vibrant, robust and diversified private sector, in order to build a knowledge-based integrated economy, not completely dependent on the hydrocarbon industry, through the development and nurturing of Qatari entrepreneurs and SMEs and assisting them to overcome the obstacles they face based on the current economic situation, as the non-oil/gas private sector continues to grow, in terms of size and share of the Qatari economy. Qatar Development Bank has been and still is working to drive these trends forward. Shifting its focus from a purely industrial financing mandate to being a fully fledged development bank resulted in the State of Qatar increasing the Bank’s capital from QR 200 million to QR 12 billion. We are now in a unique position that allows us to play a key role in the preparations for the 2022 World Cup football tournament. QR 12 billion QDB’s successes are not just about building up the private sector. We have also become a powerful catalyst for socio-economic development. We have helped empower the Qatari workforce, increase living standards and provide a bundle of exciting investment opportunities to Qatari businesses. www.qdb.qa