12 Hrs
Source:
الاقتصادية
Saudi market draws 120 Qatari firms in a year
Last year, the Saudi market attracted 120 Qatari companies, most of which operate in contracting, construction, and infrastructure sectors, accounting for approximately 70-75% of the Qatari companies working there. Qatari firms benefit from their expertise in infrastructure projects executed in Qatar, such as airports, ports, and modern cities, and they operate through contracts that include local and international partnerships. The Qatari side focuses on providing added value to the Saudi market rather than on the sheer number of companies, with an emphasis on Qatari companies' participation in major development projects—especially as Saudi Arabia hosts large international events like Expo 2030 and the 2034 FIFA World Cup. The bilateral trade volume reached about $1.98 billion in 2025, a 36% increase over the previous year. Qatar's exports to Saudi Arabia amount to approximately $372.7 billion, while Saudi imports from Qatar constitute around 18.8% of total bilateral trade. During the first quarter of 2026, the trade exchange grew by 18% annually, surpassing the targeted 15%.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)