(MENAFN- The Peninsula) The Peninsula
Sigma Metal Industries has been presented SME Excellence Award by H E Sheikh Abdulla bin Saoud Al Thani, Qatar Central Bank Governor and QDB Chairman, at a function organised by Qatar Development Bank.
They are the leading manufactures of traffic signs, directional signs, gantries and cantilevers, internal and external way finding signage. Sigma Metal industrial strives to be a leading player in Qatar's traffic solutions industry by providing high quality products and creating a sustainable client base.
Established in 2008, the company is promoted by Nasser Sulaiman H M Al Haider, a prominent businessman, a member of the Advisory Council (Shura Council) for
H H the Amir of Qatar and a Board Member of Qatar Chamber. Doha bank is honoured that Sigma Metal Industries got recognition by getting an award, which is given to only Top 50 performing SMEs in Qatar.
Nasser Sulaiman H M Al Haider said: 'We are delighted to receive this award, which defiently is a recognition of contribution to Qatar Economy. We believe our forte is customer satisfaction, state of the art machinery and continuous development of technical capabilities. Our credible semi-government customer base such as Ashghal, Qatar Petroleum, Hamad International Airport, Aspire Zone, Qatar Foundation, ASTAD, Hamad Port Project and Manateq Economic Zones Company is an attestation of our product and service excellence. The Company aims to excel in the challenges ahead and provide commitment to performance, reliability and quality excellence.
Dr. R Seetharaman, CEO of Doha Bank, appreciated efforts of Sigma Metal Industries and congratulated Nasser Sulaiman and management of Sigma Metal Industries for their excellent performance in Qatar market by forming viable business model and making an impact on the Qatar economy.
Doha Bank was pioneer in appreciating the importance of the very critical role being played by SMEs in the development of Qatar economy. Doha Bank was the first bank to launch ‘Tatweer', a dedicated SME unit in 2008.Through this initiative, Doha Bank would continue to participate in Qatar's diversification story by encouraging the SME Sector.
Doha Bank firmly believes that today's success stories have encouraged other SME customers to approach Doha Bank for their financing requirements. Doha bank offers various products in order to service long term capital requirements of the customers in addition to short term working capital financing.
The range of products includes Business loans, Short term procurement financing, Invoice/ Cheque discounting, Overdrafts, Letter of Credit and Guarantees (bonds). Doha Bank also offers ancillary services and products like Electronic banking, Cash Management Services, Insurance products, etc.
Doha Bank is one of the key partners in QDB's ‘Al-Dhameen', Credit Guarantee program which cover startups also, particularly in the field of manufacturing and service segment.
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