Qatar-Saudi Business Council Strengthens Trade and Investment Ties

The Qatar-Saudi Joint Business Council convened a meeting at the Qatar Chamber headquarters to explore ways to boost bilateral trade and investment cooperation. The session was co-chaired by Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber, and Hamad bin Ali Al Shuwaier from the Saudi side, with participation from council members of both nations.
Discussions focused on facilitating trade procedures, simplifying business establishment, and enhancing private-sector collaboration. Sheikh Khalifa emphasized that Qatar and Saudi Arabia share a unified vision for economic diversification under their respective Vision 2030 frameworks, both aiming to position the region as a global hub for innovation and investment.
He noted that the Council plays a crucial role in promoting partnerships across sectors such as energy, real estate, logistics, and digital transformation. The Council’s second meeting this year underscores its growing importance as a platform for business expansion and sustainable development.
Al Shuwaier highlighted that trade between Qatar and Saudi Arabia has more than doubled—from QR2.5 billion in 2021 to QR5.5 billion in 2024—while Qatari investments in Saudi Arabia have risen to QR11.5 billion. He added that new opportunities are emerging in fields like artificial intelligence, renewable energy, supply chains, and industrial innovation.