Qatar

Qatar

Free Zones Authority and Development Bank cooperate to improve the investment climate

25 Jul 2023

On 25 July 2023, the Qatar Free Zones Authority (QFZA) and the Qatar Development Bank (QDB) agreed to cooperate in providing financial programmes and services supporting investors and companies, in order to better serve investors in the free zones. As a result of the collaboration, free zone businesses will gain support in kick‑starting and expanding operations. Aside from local free zone companies, the deal also extends to free zone‑registered foreign companies, which will get similar access to promotion, development and funding services for exports, provided they meet the agreed-upon local content threshold as identified with Qatar Free Zones.