Posted on November 08, 2016

ASTAD marked its first step towards GCC expansion with a speech delivered by their Chief Executive Officer, Engineer Ali Al-Khalifa at the Qatar-Saudi Economic Forum held at Al Faisaliah Hotel in Riyadh. The event is organized by Qatar Chamber of Commerce and the Council of Saudi Chambers. The opening ceremony was attended by H.E. Dr. Mohammed bin Saleh Al Sada Minister of Energy & Industry of Qatar and H.E. Engineer Khalid A. Al-Falih Minister of Energy, Industry and Mineral Resources of Saudi Arabia.

Participants also included the Chairman of the Qatar Chamber of Commerce & Industry, Sheikh Khalifa Bin Jassim Al Thani, the Chairman of Al Jouf Chamber of Commerce & Industry Dr. Hamdan Al Samarain, Qatar Tourism Authority, the General Authority for Investment in the Kingdom, ASTAD and Qatar Development Bank along with key business owners and corporates. Al-Khalifa shared ASTAD’s experiences in Qatar with the aim of showcasing ASTAD's capability to support the achievement of the Saudi National Vision 2030.

During his speech at the opening ceremony of the expo, Al-Khalifa said: “Our operations outside of Qatar have launched. The motivation behind this expansion comes from the accumulated experience we have in Qatar. We are a fully integrated project and asset management firm with a portfolio of projects that reflect our teams’ innovation. We believe the experience, knowledge, and excellence that we have built in Qatar over the years will prove to be beneficial to our clients in Saudi Arabia and the wider region.”

Assured that the Forum& Expo will open new horizons for cooperation between ASTAD and Saudi Arabia, Al-Khalifa explained that this event represents the perfect platform for ASTAD to open the door for potential Saudi business relationships as ASTAD plans to expand its services to potential clients in Saudi and the region. ASTAD is also the Silver Sponsor of this year’s annual Made in Qatar Expo. The four-day event kicked off on November 6th at the Riyadh International Convention and Exhibition Center in Saudi Arabia. The four-day expo is welcoming a vast amount of leading Qatari companies along with small and medium-sized enterprises.

Within ASTAD’s booth, ASTAD is showcasing their portfolio of projects in Qatar, inviting potential Saudi counterparts to discuss potential Qatar-Saudi partnerships. Some of the projects included are the National Museum of Qatar, Ali Bin Hamad Al Attiya Arena; Lusail Sports Arena, Qatar Foundation Stadium; Qatar Faculty of Islamic Studies, Qatar Science & Technology Park, Ministry of Education and Higher Education, and Education City Buildings and Infrastructure. The Made in Qatar expo aims to promote Qatar’s industry sector and encourage the use of Qatari products, while updating the Saudi business community on the latest developments in participating sectors.