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Qatar Development Bank Launches 'Reyada' Portal to Empower Private Sector

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Doha, January 26 (QNA) - Qatar Development Bank (QDB) has announced the launch of Reyada, a unified digital Portal designed to empower Qatar-based companies by providing integrated enterprise development and specialized training services.

The launch represents a strategic milestone in QDB's efforts to accelerate digital transformation, strengthen Qatar's entrepreneurship ecosystem and empower business owners. The Reyada portal serves as a primary and comprehensive hub for enterprise development and specialized training services. It also features a dedicated platform enabling business owners to directly connect with service providers and access competitive offers.

Designed with a user-friendly interface for both entrepreneurs and service providers, the portal facilitates efficient access to advisory services and business development tools aligned with each company's stage of growth. The portal supports operational efficiency and sustainable business growth in line with the objectives of the Third National Development Strategy 2024-2030.

Commenting on the launch, CEO of Qatar Development Bank, Abdulrahman bin Hesham Al Suwaidi said: "Today, we are elevating our enterprise development services and support for the national entrepreneurship ecosystem to a new level of efficiency, reliability, and digital transformation through the launch of Reyada Portal. The Portal offers a comprehensive range of services, programs, and intelligent tools that address all the needs of entrepreneurs aspiring to establish new projects or expand their businesses, across development, training, and capacity-building services. Through the portal's role as a link between business owners and listed service providers, we are confident it will be a catalyst that enhances the resilience and vitality of the private sector and its ability to evolve and integrate roles, thereby stimulating economic diversification efforts in Qatar."

The Reyada Portal provides entrepreneurs and Qatar-based companies with centralized access to development and training services through two main tracks. The first is the Reyada Advisory Platform, which provides a variety of tools and products for enterprise development. It includes a support framework offered through financial grants to help SMEs cover part of their costs, subject to terms and conditions.

This includes services related to operational capability-building, localization, participation in exhibitions to explore new pathways for growth and expansion, and many more services. The platform also connects companies with experts and service providers registered on the portal, who submit their offers based on each company's needs across a range of specializations, enabling seamless and reliable access to the required services.

The second track, represented by the Reyada Academy, delivers comprehensive specialized training programs that combine theoretical knowledge with practical application. It focuses on building capabilities and equipping entrepreneurs with the skills required for business success and enhanced competitiveness.

The Academy will cover key business development areas, supporting entrepreneurs in refining business models, improving operational excellence, strengthening management efficiency, enhancing marketing and sales capabilities, and establishing sound governance and financial planning practices. These efforts contribute to better decision-making and improved project readiness for sustainable growth.

The recently launched Financial Literacy Program, now integrated into the Reyada Academy, exemplifies this commitment to developing entrepreneurial capabilities, and QDB will continue to introduce additional specialized training programs on a gradual basis.

The launch of Reyada Portal marks a new milestone in QDB's ongoing efforts to advance the national entrepreneurship ecosystem and demonstrates its strong commitment to empowering the private sector and increasing its contribution to the national economy.

By integrating business development and training services into a unified digital platform, QDB is facilitating greater access to knowledge, expertise, financing, and advisory services. This approach enhances companies' readiness, operational efficiency, and scalability, supporting national efforts to build an advanced model of sustainable growth and transformation toward a competitive, diversified, knowledge-based, and innovation-driven economy. (QNA)

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