MINISTER of Municipal Affairs and Agriculture HE Sheikh Abdulrahman bin Khalifa bin Abdulaziz al-Thani, and board chairman of the Qatar Development Bank (QDB) HE Sheikh Abdullah bin Saud al-Thani signed yesterday a memorandum of understanding (MoU) on granting loans to finance agricultural, livestock and fisheries development projects.

The MoU aims to develop agricultural, livestock and fisheries projects in Qatar through regulating mechanism for granting loans to finance these projects in line with the State’s strategies.
The minister said in a press statement that the idea of granting loans came under the recommendations of HH the Emir Sheikh Hamad bin Khalifa al-Thani, HH the Heir Apparent Sheikh Tamim bin Hamad al-Thani and the Prime Minister and Foreign Minister HE Sheikh Hamad bin Jassim bin Jabor al-Thani to set up partnership between the ministry and QDB to grant easy loans. – QNA