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.


King Salman convenes summit of Gulf and Arab states

Updated 19 May 2019
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King Salman convenes summit of Gulf and Arab states

  • Meeting will be held in conjunction with the Islamic Summit

RIYADH: Saudi Arabia's King Salman has called for the convening of two summits of Gulf and Arab states to be held on May 30 in Makkah.

The meeting will be held in conjunction with the upcoming Islamic Summit.

According to a Ministry of Foreign Affairs statement, King Salman has sent an invitation to the leaders of the Gulf Cooperation Council (GCC) countries and leaders of other Arab countries to two summits to discuss the recent attacks by the Iranian-backed Houthis in the UAE and on Saudi Arabia's oil pipelines and their repercussions on the region. 

“The attack on ships in the territorial waters of the United Arab Emirates and the terrorist-backed Iran-backed Houthi militias’ attack on two oil pumping stations in the Kingdom have serious implications for regional and international peace and security and for the supply and stability of world oil markets,” the foreign ministry said in a statement carried by the Saudi Press Agency.