In an effort to enhance economic cooperation between Qatar and the UAE, the Qatar Development Bank (QDB) is organising a Qatari trade mission to the UAE, featuring over 25 Qatari companies from various sectors.

Sponsored by “Tasdeer,” QDB's export promotion arm, the mission seeks to explore unique opportunities in the UAE market and foster new partnerships between Qatari and UAE businesses.

The Qatari mission includes companies from sectors experiencing growing demand, such as construction, plastics and paper industries, iron and steel, and food and beverage, along with innovative solutions in artificial intelligence and sports technology, Zawya reports.

This diverse representation highlights the shared vision of Qatar and the UAE in their joint effort to achieve economic integration, driven by a wide range of expertise and innovation.

“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 UAE. 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,” said Khalid Abdullah Al-Mana, Vice President of Enterprise Development.

He highlighted that the UAE market offers a unique opportunity for Qatari companies looking to expand, stressing that the mission is part of a broader series of initiatives designed to strengthen trade relations between the two countries and deepen partnerships in key sectors.

The B2B trade mission event will be held from 19th to 20th November at the One&Only One Za'abeel hotel in Dubai. 

The invitation is open to all companies to take advantage of bilateral meetings, expand their networks, and collaborate with new partners. The program includes site visits and dedicated B2B meetings that bring together Qatari and UAE companies.

In addition, the event offers a strategic platform for communication, allowing participants to discuss the latest market trends and explore potential joint business opportunities.

Furthermore, as a key supporter of Qatar's private sector, QDB is committed to continuously enhancing and supporting small and medium enterprises (SMEs) and entrepreneurs.

This support is provided through both financial and non-financial services aimed at developing targeted sectors, improving skills, and helping businesses expand into local and global markets.

Economic ties between Qatar and the UAE have seen consistent growth in recent years, with trade volume rising by 19% annually from 2021 to 2023, underscoring the significance of initiatives that promote trade exchange and drive economic prosperity across the Gulf region.