Arab News

Tariq Abdel Hadi Al-Qahtani

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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.

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