General Manager of Qatar Chamber of Commerce and Industry Salih Hamad Al Sharqi said that holding the ‘Made in Qatar’ fair for the first time in Saudi Arabia is a result of the fruitful and positive cooperation between Qatar and Saudi Arabia.
This came today in a speech during a press conference held for promoting the fair slated for November 6 to 9 in the Saudi capital Riyadh.
Al Sharqi said that the selection of Saudi Arabia to be the first foreign stations for the fair, stems from the unique relationship between the two countries, in addition to Saudi Arabia’s distinctive position, at the regional and international levels.
With regard to the volume of trade exchange between Qatar and Saudi Arabia, Al Sharqi said that in 2015 the volume of trade exchange amounted to about QR 9.6 billion, of which QR 8.1 billion was Qatari exports to Saudi Arabia and QR 1.5 billion was Qatari imports from Saudi Arabia. He pointer that the number of Saudi companies operating in Qatar and 100 percent owned by Saudis reached 315, while the number of companies with Qatari partners reached 303 with a total capital of QR 1.234 billion.
The exhibition is a platform for gathering factories, companies, small- and medium-sized enterprises (SMEs) in Qatar under a single roof, in order to promote the Qatari products, and to strengthen the public-private sectors partnership, Al Sharqi said.
He pointed out that the exhibition will be held on an area of 10 thousand square meters, with the participation of more than 200 Qatari companies and factory, featuring a distinguished presence of women, productive families, and SMEs.