Doha, February 04 (QNA) - Vodafone Qatar and Qatar Development Bank (QDB) have signed a Memorandum of Understanding (MoU) to collaborate across key strategic areas aimed at supporting startups and small and medium-sized enterprises (SMEs), with a focus on enterprise solutions, market development, and innovation.

The MoU was signed by Mohamed Mohsin Alyafei, Enterprise Business Unit Director at Vodafone Qatar, and Dr. Hamad Salem Mejegheer, Executive Director of SME Development at Qatar Development Bank on the sidelines of Web Summit Qatar 2026.

Through this collaboration, Vodafone Qatar and QDB will explore opportunities to support key startup and SME segments through innovation-focused projects and digital transformation initiatives. The partnership will include collaboration across several strategic areas, including joint market initiatives through co-hosted events, workshops, and market education sessions.

The MoU also establishes a commercial framework for bundled enterprise offerings, combining connectivity and digital solutions to address the evolving needs of businesses.

This will enable startups and SMEs to set-up, grow and scale with confidence while focusing on their core operations, supported by Vodafone Qatar's integrated ICT and connectivity solutions. Both organisations will also engage in knowledge-sharing initiatives focused on innovation, capability building, and the exchange of technical expertise and best practices, while jointly exploring future innovation-led projects.

This partnership reflects both organisations' shared commitment to fostering innovation, accelerating digital transformation, and enabling sustainable business growth in line with Qatar's national development priorities.

Mohamed Mohsin Alyafei, Enterprise Business Unit Director at Vodafone Qatar commented: "At Vodafone Qatar, we are committed to supporting businesses at every stage of their journey, from scaling early ideas to building long-term resilience.

Our partnership with QDB marks an important milestone in our efforts to leverage the latest technology to support Qatar's growing startup ecosystem.

Startups and SMEs play a vital role in Qatar's growing economy, and we will continue to combine digital solutions with local expertise to support Qatar's transformation into a digital economy, in line with Qatar National Vision 2030.

Dr. Hamad Salem Mejegheer, Executive Director of SME Development at Qatar Development Bank (QDB), said: "This partnership with Vodafone Qatar reinforces QDB's role in leading the startup ecosystem and accelerating digital transformation for business, in line with the Third National Development Strategy 2024-2030.

We appreciate Vodafone Qatar's commitment to supporting SMEs and advancing digital solutions across the market."

He added: "This collaboration strengthens our ongoing efforts to build partnerships with leading entities in digital solutions that support growth and scale.

Through this collaboration, we will work side by side to equip startups and SMEs with the digital capabilities they need to operate smarter, compete stronger, while creating broader value for Qatar's innovation ecosystem." (QNA)