CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Doha Bank SME gets Rowad Qatar Award

Published: 17 Nov 2019 - 08:48 am | Last Updated: 01 Nov 2021 - 06:57 am

The Peninsula

Doha: Doha Bank SME got further recognition when Qatar Development Bank has awarded its SME customer, Middle East Modified Bitumen Company (MEMBCO), financed by Doha Bank in Partnership with Qatar Development Bank under Its AL Dhameen Scheme.

This award was given to this company under “Qatar Entrepreneurship Award – Rowad Qatar -2019”. This national award recognizes innovative Qatari Entrepreneurs who have demonstrated excellence throughout their work and their contribution through SME to build a solid and diversified national economy. 

This project is an import substitute, first factory in Qatar, established in year 2016. They are the leading manufacturer and supplier of Modified Bitumen to the road sector. 

Company is 100 percent owned by Qatari entrepreneurs, Ahmed Mohammad A A Al- Shaabiand and Khalifa Tayseer I M Al- Jassim Dr R Seetharaman, CEO of Doha Bank appreciated efforts of the customer who got an award and said “Recognizing the top performing SMEs in Qatar creates a motivational environment within the business community in Qatar. This will be a key contributor to the overall development of the SME eco-system in Qatar”.

The contribution of Doha Bank SME deserves accolades as only 4 companies were awarded and out which one was won by their customer.