Qatar Development Bank announced that the companies participating in the Qatari commercial mission to the Kingdom of Saudi Arabia 2025 held more than 1400 bilateral meetings, which resulted in preliminary orders that exceeded 1.5 billion Qatari riyals.
The mission, organized by the bank, witnessed the participation of more than 60 Qatari companies representing various sectors, including plastic, aluminum products, building materials, artificial intelligence, education, tourism and other different strategic sectors.
The mission comes within a series of commercial missions organized by the bank as part of its continuous efforts to enable Qatari companies to expand their business and enhance their presence in regional and international markets.
The Qatar Development Bank stated in a statement today, that the commercial mission received wide attention from senior Saudi importers and investors in the Kingdom, which paves the way for more trade and investment cooperation in the future.
The mission witnessed, over two days, field visits to investment sites in the Kingdom of Saudi Arabia, in addition to the bilateral meetings, which allowed Qatari companies the opportunity to identify directly on the Saudi business environment, and see opportunities for cooperation and integration with the various sectors in the Kingdom.
“The commercial mission to the Kingdom of Saudi Arabia is the largest since the beginning of commercial missions, as it witnessed an unprecedented interaction by Saudi importers and the major sectors,” said Mr. Abdul Rahman bin Hisham Al -Suwaidi, CEO of Qatar Development Bank. He added: “The records achieved by this mission, in terms of the number of bilateral meetings and the size of initial orders, reflects clearly the extent of the Saudi market’s interest in the Qatari product, and also reflects the ability of Qatari companies to expand and compete regionally and internationally.” He noted that this success comes in parallel with the announcement of the opening of Qatar’s first export offices in Saudi Arabia to be an extension of these efforts, and to provide sustainable support for Qatari exports to the Kingdom, which contributes to building long -term trade partnerships between the two sides and embodying the visions of the two countries in promoting trade growth between them.
This office will facilitate the entry of Qatari products to the Saudi market, provide logistical, commercial and consulting support to Qatari companies, and to enhance bilateral partnerships between the private sector in the two countries.
The opening of the offices of Qatar exports regionally comes within the bank’s strategy to expand the offices network in a way that contributes to supporting Qatari exporters, and enabling them to reach global markets efficiently and effectively, according to Qatar National Vision 2030 and the third national development strategy.