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HomeInvestmentQatar Saudi Trade Boosts with New Business Delegation

Qatar Saudi Trade Boosts with New Business Delegation

Qatar Saudi trade advanced as the Qatar Chamber welcomed a high-level Saudi business delegation in Doha. The meeting underscored ongoing efforts to deepen economic ties and expand investment opportunities between the two Gulf neighbors.

To begin with, the Qatar Chamber hosted the visiting delegation from Saudi Arabia’s Export Development Authority. Saud Al-Qablan, the authority’s Vice President for Services Exports, led the group, which included representatives from 26 Saudi firms. Senior Qatari businessmen and several Chamber board members attended the session, signaling broad interest in forging stronger commercial links.

Ali bin Abdullatif Al-Misnad, a Qatar Chamber board member, emphasized the close relations between Qatar and Saudi Arabia. He further praised their leadership for encouraging greater cooperation across economic fields. He also stressed that trade and investment partnerships support regional stability while driving sustainable prosperity.

According to Al-Misnad, trade between the two countries surged from QR2.97 billion in 2023 to QR4.88 billion in 2024. This 65 percent increase clearly reflects growing confidence and a shared commitment to boost cross-border commerce. Consequently, he affirmed the Chamber’s readiness to assist investors through services that simplify business procedures and strengthen market access.

During the talks, participants also encouraged companies to explore promising opportunities in non-oil sectors. They cited construction, technology, logistics, and education as areas with particularly strong potential. Officials explained that these investments align with both countries’ National Vision 2030 strategies, which emphasize sustainable growth and private-sector innovation.

Meanwhile, Saud Al-Qablan described the delegation’s aim to create alliances and integrate operations with Qatari enterprises. He noted that Saudi companies want to exchange expertise, invest in Qatar, and diversify trade flows. In turn, he underlined that collaboration will allow businesses to capture new demand in services and advanced industries.

Additionally, Dr. Mohamed bin Jawhar Al-Mohamed, another Chamber board member, urged Gulf states to enhance cooperation through private-sector leadership. He remarked that stronger regional integration would improve competitiveness and create employment opportunities. Likewise, Abdulrahman Al-Ansari added that visiting Saudi firms bring valuable experience and resources well matched to Qatar’s evolving market.

Looking ahead, officials expressed optimism that sustained dialogue will produce tangible partnerships. Ultimately, they emphasized that Qatar Saudi trade remains a strategic pillar supporting economic diversification and innovation across the wider Gulf region.