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QNB Group Boosts Fintech Innovation at Web Summit Qatar 2025

The conclusion of the second edition of the Web Summit Qatar 2025 marked a significant moment for the QNB Group, the largest financial institution in the Middle East and Africa. The group announced its dedication to promoting innovation and enhancing the fintech ecosystem through the signing of three pivotal strategic memoranda of understanding (MoUs).

These agreements were established with prominent organizations including the Qatar Financial Centre (QFC), Qatar Development Bank (QDB), and Rasmal Ventures. They underscore QNB's vital role in shaping the financial future of Qatar and its ongoing efforts to strengthen the country's position as a nexus for fintech and digital transformation.

The MoUs are designed to unlock new opportunities for startups, small and medium-sized enterprises (SMEs), and technology-centric companies, thereby solidifying QNB's role as a catalyst for digital innovation. Key initiatives focus on accelerating the adoption of fintech solutions, fostering investments, and developing partnerships that will facilitate financial inclusion and economic growth.

Collaborations and their Impact

1. Partnership with QFC: QNB aims to boost fintech growth by providing these firms access to banking infrastructure while encouraging advancements in digital assets, tokenization, and embedded finance.
2. Collaboration with QDB: This partnership will emphasize promoting Qatar's entrepreneurial ecosystem, including funding opportunities for fintech startups and exploring alternative financing models.
3. Alliance with Rasmal Ventures: The agreement seeks to create pathways for venture capital investments, enhancing support for high-potential startups while advocating for the adoption of cutting-edge financial technologies.

Abdulla Mubarak Al-Khalifa, Group Chief Executive Officer of QNB, expressed the importance of these strategic partnerships at the Web Summit, stating, "Our collaborations reflect our commitment to advancing digital finance and fostering a dynamic fintech ecosystem. By working closely with key financial and investment partners, QNB strengthens Qatar's role as a global financial center, opening new avenues for entrepreneurs and businesses to thrive in an evolving digital economy."

The Web Summit provided QNB with an excellent platform to interact with global industry leaders, share insights, and showcase its dedication to innovation and sustainability. Through thought-leadership sessions, interactive experiences, and strategic alliances, QNB reinforced its position as a trusted financial partner driving the next wave of banking transformation.

As a leader in the financial sector within the Middle East and Africa, QNB is recognized among the most valuable banking brands in the regional market. Operating in over 28 countries across Asia, Europe, and Africa, QNB offers tailored products and services supported by innovation and a team of over 31,000 professionals aimed at delivering premier banking services worldwide.





By fostering these collaborations, QNB Group not only enhances its capabilities but significantly contributes to the financial sector in Qatar, paving the way for future innovations in fintech and ensuring sustainable growth for the economy.