Qatar-Saudi Economic Committee Reviews Trade Cooperation as Exchange Tops USD 1.98 Billion

The co-chairs of the Economy, Trade and Industry Committee, established under the Qatari-Saudi Coordination Council, held a meeting by videoconference to review cooperation between the two countries.

The Qatari side was chaired by His Excellency Sheikh Faisal bin Thani bin Faisal Al Thani, Minister of Commerce and Industry. The Saudi side was chaired by His Excellency Faisal bin Fadel Al-Ibrahim, Minister of Economy and Planning.

The announcement placed the meeting within the institutional framework of the Qatari-Saudi Coordination Council. It also identified the committee's areas of responsibility as the economy, trade and industry, while noting that the two sides conducted their discussions remotely.

The meeting addressed priority cooperation pathways amid the continued growth of economic relations between Qatar and Saudi Arabia. The trade and investment figures were presented as the economic context for the committee's discussions.

Bilateral trade reached approximately USD 1.98 billion in 2025, representing growth of 36 percent. The announcement did not provide the corresponding trade value for the previous year, but stated the recorded annual growth rate.

Qatari exports to Saudi Arabia exceeded USD 1.42 billion during 2025. The announcement also said that more than 977 Saudi companies operate in the Qatari market, highlighting the scale of Saudi commercial presence in Qatar alongside the bilateral trade figures.

The ministry's update therefore set out three principal indicators of the relationship: the total value of bilateral trade, the 36 percent growth recorded in 2025, and the value of Qatari exports to Saudi Arabia. It separately identified the number of Saudi companies operating in Qatar.

The available announcement did not identify specific agreements, projects, sectors or implementation timelines arising from the videoconference. It also did not provide a sector-by-sector breakdown of trade or name the Saudi companies operating in the Qatari market.

Qatar's Ministry of Commerce and Industry published the Arabic announcement on September 28, 2026, at 9:50 pm Doha time, using the trade and industry hashtag. An English-language version of the committee update was also visible in the fetched material. The Arabic post had recorded 1,585 views when retrieved.

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