The International Islamic Trade Finance Corporation (ITFC) Signs Memorandum of Understanding on Mutual Business Cooperation with Qatar Development Bank [Video]

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and Qatar Development Bank (QDB) have announced the signing of a Memorandum of Understanding (MoU) to bolster mutual business cooperation. The MoU aims to support QDB’s SME Export Development Program and enhance the capabilities of Qatari entrepreneurs and innovators, as well as small and medium enterprises (SMEs), to compete effectively in the global market. The agreement was signed by Mr. Abdulrahman Hesham Al-Sowaidi, Chief Executive Officer of QDB, and Eng. Hani Salem Sonbol, Chief Executive Officer of ITFC.

On this occasion, Eng. Hani Sonbol, CEO of ITFC, stated that, “This MoU is a significant step towards strengthening collaboration in our shared commitment to support trade, development, and empower SMEs and exporters in Qatar and OIC member countries.”

On his part, Mr. Abdulrahman Al-Sowaidi, CEO of QDB, expressed enthusiasm on the partnership, saying, ” “We are pleased to enrich our portfolio of partnerships with diverse international organizations to increase the …