Doha: 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.

According to Qatar News Agency, 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 commented that Vodafone Qatar is committed to supporting businesses at every stage of their journey, from scaling early ideas to building long-term resilience. The partnership with QDB marks an important milestone in leveraging technology to support Qatar's growing startup ecosystem.

Dr. Hamad Salem Mejegheer stated that the partnership with Vodafone Qatar reinforces QDB's role in leading the startup ecosystem and accelerating digital transformation for businesses. He appreciated Vodafone Qatar's commitment to supporting SMEs and advancing digital solutions across the market. He added that the collaboration strengthens QDB's ongoing efforts to build partnerships with leading entities in digital solutions that support growth and scale, equipping startups and SMEs with the digital capabilities needed to operate smarter and compete stronger.