FaceOf: Tariq Abdel Hadi Al-Qahtani, chairman of the Saudi-Japanese Business Council

Tariq Abdel Hadi Al-Qahtani
Updated 28 November 2018
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FaceOf: Tariq Abdel Hadi Al-Qahtani, chairman of the Saudi-Japanese Business Council

  • Al-Qahtani has led the Abdel Hadi Abdullah Al-Qahtani & Sons Group of Companies since 1992
  • He is one of the richest Arabs in the world

Tariq Abdel Hadi Al-Qahtani is chairman of the Saudi-Japanese Business Council at the Council of Saudi Chambers.

He is one of the richest Arabs in the world, and has led the Abdel Hadi Abdullah Al-Qahtani & Sons Group of Companies since 1992.

His father, Sheikh Abdel Hadi Abdullah Al-Qahtani, founded the group in the 1940s as a wholesaler and supplier of food products and materials. 

The group expanded and diversified, becoming one of the largest and most reputable privately owned firms in the Kingdom. It enjoys excellent government and commercial relationships in Saudi Arabia.

It set up in Texas in the 1970s, laying down roots in Europe and other major international locations to broaden its investment portfolio.

The company under Tariq’s stewardship has also come to supply the petrochemical, oil and gas sectors. 

Speaking in Tokyo at the 17th Saudi-Japanese Business Council Forum, he said the body had significantly contributed to the development of bilateral economic relations by helping to enhance investment and trade between the two countries. 

Al-Qahtani said that the value of trade between Saudi Arabia and Japan reached about $32 billion last year. 

He urged the Japanese to seize investment opportunities in the Kingdom. Tariq holds a bachelor’s degree in foreign trade from St. Petersburg College, Florida.


Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

Updated 22 January 2019
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Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

JEDDAH: Saudi Aramco’s Uthmaniyah Gas Plant (UGP) has been recognized by the World Economic Forum (WEF) as a “Lighthouse” manufacturing facility and a leader in technology applications of the Fourth Industrial Revolution. 
Saudi Aramco is the first energy company globally to be included in this select group of manufacturing sites. The plant is also the only facility in the Middle East to be recognized by WEF. 
The announcement was made ahead of WEFs annual meeting in Davos, Switzerland.
The gas plant is one of the world’s largest gas processing plants and was commissioned in 1981 as part of Saudi Aramco’s Master Gas System to process associated gas from oil wells. 
The use of drones and wearable technologies to inspect pipelines and machinery has helped cut inspection time by 90% in this industrial facility.
“The recognition of the Uthmaniyah Gas Plant demonstrates Saudi Aramco’s shift to transform and adapt in the rapidly changing global energy landscape. Uthmaniyah is only one part of our large integrated energy value chain where IR 4.0 technologies are playing a critical role to enable significant capital and operational efficiencies,” said Amin H. Nasser, Chief Executive Officer of Saudi Aramco.
The seven new facilities join nine other “Manufacturing Lighthouses” which WEF unveiled in September 2018. The 16 factories were selected from an initial list of 1,000 manufacturers based on their successful implementation of cutting-edge technologies of the future that drive financial and operational impact.
The “Lighthouse” program was conducted by WEF in collaboration with McKinsey during a year-long study. A study team visited UGP in Saudi Arabia and performed a thorough audit.