Qatar-Saudi business meeting reviews expanding investments – The Peninsula

Qatar-Saudi business meeting reviews expanding investments – The Peninsula

Doha: The Qatar Chamber (QC) on Sunday hosted the Qatar-Saudi business meeting with the participation of a number of businessmen in the two countries.

The meeting touched on enhancing bilateral cooperation, opening more new channels for partnership between companies and institutions, searching for investment opportunities available in the Qatari and Saudi markets, especially in the Eastern province, and establishing alliances and partnerships to achieve economic and commercial integration.

Addressing the meeting, QC First Vice-Chairman 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 two countries' economic and commercial relations.

He said both countries are close and historic relations, which is reflected in their economic relations, especially with the common desire of the private sector in both countries to bolster cooperation and forge alliances and partnerships.

He added that the two countries bilateral trade exchange began to gradually return to its previous levels, noting that it amounted to QR 674mn in 2021 which is still below expectations compared with pre-2017 levels.

Al Kuwari underscored the close relations between Qatar and Asharqia chambers and their will to cement relations