With a surge in Qatari investments in Saudi Arabia, Deloitte has launched an innovative program designed to guide Qatari businesses in making optimal investment decisions.
Saudi Arabia has made remarkable progress in opening its economy to foreign direct investments, with a notable increase in contributions from Qatari investors. This influx is a testament to the enduring business ties between the two nations, rooted in shared cultural values, geographic proximity, and a historical partnership dating back to a pivotal maritime agreement nearly two centuries ago.
Deloitte’s Strategic Initiative: The Qatar and Saudi Arabia Business Corridor Program
In a strategic move to facilitate Qatari ventures into Saudi Arabia, Deloitte has introduced the ‘Qatar and Saudi Arabia Business Corridor Program’. This initiative is tailored to assist Qatari investors in navigating the Saudi market through financial investments such as majority acquisitions, joint ventures, or minority stakes. Deloitte’s experts offer comprehensive support in deal-making and transaction closure, as well as market entry strategies, providing guidance from business planning to legal and operational setup.
The Business Corridor Program also extends its support to existing Qatari-owned enterprises in Saudi Arabia, focusing on expansion and optimization. Deloitte’s multidisciplinary team brings a wealth of expertise across various domains including audit, accounting, tax, corporate finance, management consulting, and technology.
Unlocking Opportunities for Qatari Businesses
“As Saudi Arabia embraces foreign investments, Qatari businesses have a unique opportunity to significantly contribute to the development of this vital regional market,” Deloitte emphasized in announcing its new cross-border initiative. The program aims to equip Qatari businesses with the necessary tools and local expertise to effectively navigate and thrive in the Saudi market, facilitating successful market entry and expansion.
For business leaders and entrepreneurs interested in this program, key features include a comprehensive intake process to identify business needs and illuminate potential pathways, a strategic planning session to define the investment agenda, and access to Deloitte’s extensive resources, including thought leadership and potential partnerships within its ecosystem.
