Doha, October 01 (QNA) – Ooredoo and QNB have signed a Memorandum of Understanding (MoU) to promote next-generation ICT services in Qatar, and support the development of Small and Medium Enterprises (SMEs) across the country.

The strategic joint agreement aims to bring the companies’ resources together, to offer up-and-coming enterprises access to discounted Ooredoo ICT services, as well as the capital they need to invest and grow their business via QNB.

Working together, Ooredoo and QNB aim to create a one-stop-service for Qatar’s businesses, in line with the 2030 Qatar National Vision of developing a knowledge-based economy, said Ooredoo in a press release today.

Both Ooredoo and QNB have focused heavily on support for Qatar’s SMEs in 2016, with Ooredoo hosting a range of events aimed to educate the sector on its ICT portfolio and showcase the company’s latest business offerings.

QNB has also recently unveiled a new banking package for SMEs, which includes a 24-hour decision time for Account Turnover Facilities and Professional Loans, tailored products for Manufacturing, Tourism, Education, Medical and Healthcare sectors, and the introduction of a dedicated SME Business World Credit Card. (QNA)