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Saudi Arabia, Qatar Work to Revive Joint Business Council


Wednesday, 24 February, 2021 - 11:30
Saudi Crown Prince Mohammed bin Salman welcomes Qatar’s Emir Sheikh Tamim bin Hamad Al Thani upon his arrival to attend the Gulf Cooperation Council’s (GCC) 41st Summit in Al-Ula, Saudi Arabia January 5, 2021. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS
Riyadh- Asharq Al-Awsat
The private sector in both Saudi Arabia and Qatar is actively working to revive the joint business council, in a step that follows the restoration of the political and economic relations between the two countries that marked Al-Ula GCC Summit earlier this year.
According to information obtained by Asharq Al-Awsat, the Council of Saudi Chambers has informed the Chambers of Commerce and Industry in the regions of the Kingdom to open candidacies for the membership of the Joint Saudi-Qatari Business Council, calling on those wishing to participate to review the special c ....

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Export companies set for early boost from resumption of Saudi-Qatari trade


RIYADH: The normalization of Saudi-Qatari diplomatic and trade relations will have benefits for both countries, especially for the aviation industry and Saudi export-focused sectors, business experts claim.
Dr. Saleh Al-Sultan, a writer and former chief economist at the Ministry of Finance, told Arab News: “The Gulf cooperation was undermined in the previous few years but the relations between Saudi Arabia and other Gulf states and Qatar are back to normal now, which means the ties between all states will be stronger than ever.
“Before the boycott, Saudi Arabia and Qatar had many mutual economic activities but collaboration stopped. We hope that the relations return to normalcy and ties become deeper and stronger. Besides, increasing the volume of economic exchange and transactions will bring positive results to Gulf states,” he said. ....

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