Qatar Development Bank (QDB), previously known as Qatar Industrial Development Bank, is a bank in Qatar offering financial services, banking and loans to the development of the industrial, tourism, educational, health care, agricultural, animal resources and fisheries sectors of the Qatari economy. It was created in 1997 by Emiri Decree No. 14 with the objective of diversifying Qatar’s economy by promoting developmental projects
Qatar Business Incubation Centre
The Qatar Business Incubation Centre (QBIC) was established in a joint venture by QDB and the Social Development Centre in 2010, and officially started operating in March 2014. As the most extensive mixed-use incubator facility in the Middle East, its aim is to promote companies and finance business ideas. All of the centre’s facilities are split up into stages and spread across 20,000 sq meters.
The centre has signed many agreements with global companies to promote investments and swap knowledge; for example, in 2015, the centre signed a memorandum of understanding (MOU) with Microsoft Qatar in order to encourage entrepreneurial ventures in Qatar’s technology industry
QDB Contacts
Grand Hamad Street
Doha, Qatar
PO Box 22789
Fax(+974) 4431 66 13
PUBLIC OPENING HOURS
Headquarters
Sun – Thur 7:30am – 1:00pm
Housing Office
Sun – Thur 7:30am – 1:00pm
Sun – Wed 6:00pm – 8:00pm
