Qatari, Saudi businessmen explore ways to improve trade & investment ties

By Shilpa Annie Joseph, Official Reporter
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The Qatar-Saudi Business Meeting, hosted by Qatar Chamber (QC), discussed ways to enhance cooperation between the businessmen in the fields of trade and investments, as well as the investment opportunities available on both sides.

The officials of the Qatar Chamber and Saudi Arabia’s Asharqia Chamber participated in the Qatar-Saudi Business Meeting held in Doha in the presence of key dignitaries from both sides.

The participants also discussed the possibility of building alliances and partnerships between companies in Qatar and their counterparts in Saudi Arabia to achieve economic and commercial integration.

Addressing the meeting, Qatar Chamber First Vice-Chairman Mr. Mohamed bin Twar Al Kuwari stressed the interest of the Qatar Chamber to boost cooperation and open new channels of partnerships between both countries’ companies, wishing that the meeting would contribute to achieving more development in the economic and commercial relations of the two countries.

Mr. Al Kuwari underscored the close relations between Qatar and Asharqia chambers and their will to cement relations and urge companies from Qatar and the Eastern Region to develop cooperation links and establish joint investments and partnerships, affirming that “the Eastern Region represents special importance to the Qatari private sector due to the geographical position and the presence of all incentives and facilitations that help developing trade exchange between both sides.”

On his part, Asharqia Chamber Chairman Mr. Badr bin Suleiman Al Raziza stated that “Qatar and Saudi Arabia enjoy extended relations and a unified vision aimed at achieving an inclusive renaissance for the interest of their peoples.”

During the meeting, the Qatar Investment Authority delivered a presentation on investment opportunities available in Qatar. The presentation also touched on the investment incentives offered by Qatar and services offered by the authority for foreign investors.

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