Our History

Our History

The establishment of the Qatar Industrial Development Bank in 1997 (QIDB) reflects the farsighted vision of H.H. Sheikh Hamad Bin Khalifa Al Thani, the Father Amir, to diversify the Qatari economy by promoting private sector projects.


Over the years, we have provided competitive project financing facilities. Our innovative approaches have allowed us to identify promising investment opportunities for Qatari investors. This, in turn, has significantly contributed towards a dynamic and productive private sector in Qatar.


Today, QDB continues to play a vital role in the development of many leading projects in Qatar. We take pride in our position as a pro-active partner for the on-going economic growth and development of the State of Qatar.


MILESTONES


1997: Qatar Industrial Development Bank is established by H.H. Sheikh Hamad Bin Khalifa Al Thani, the Father Amir.

1997 - 2006: QIDB diversifies its activities, enabling it to contribute to the development of sectors in addition to industry.

2006: The Bank’s success leads to a change in its mandate and a new name: Qatar Development Bank.

2008: The State of Qatar, sole shareholder in QDB, increases its capital from QR200 million to QR10 billion.

2010: QDB establishes a new strategy and activates additional tools to support the private sector.

2010: QDB launches its loan guarantee program, AL-DHAMEEN.

2011: QDB launches its export development agency, TASDEER.

2011: QDB re-launches an improved public housing scheme.

2012: The launch of the SME Toolkit, which is an online resource center offering advice and practical guidance for small and medium companies and entrepreneurs.

2013: Book launch of "Trade Secrets", which was edited in collaboration with the World Trade Center, based in Geneva, Switzerland.

2014: The launch of Qatar Business Incubation Center (QBIC) – the largest mixed-use business incubator in the region.

2014: QDB’s merger with Enterprise Qatar.