The Governor of Qatif reviews the most prominent plans of the new Qatif Business Council
On Monday, the Governor of Qatif, Mr. Abdullah Al-Saif, met at the Governorate headquarters with members of the Qatif Business Council, headed by Mr. Hussein Al-Muqrin. This important meeting was held to mark the formation of the new council for the upcoming term, and was attended by Mr. Saud bin Radhi Al-Hajri, the Director of the Branches Business Councils Department at the Eastern Province Chamber of Commerce. This meeting represents a strategic step towards strengthening cooperation between the public and private sectors to drive development in the governorate.
A promising start towards strengthening the local economy
At the outset of the meeting, Governor Abdullah Al-Saif congratulated the Chairman and members of the newly formed council, wishing them success in their upcoming tasks. He emphasized the vital role of the private sector in supporting the economic development of the province. This step comes within a significant historical and economic context, as the Eastern Province Chamber of Commerce has been working for years to establish branch business councils in various provinces. The aim is to closely examine the needs of the business sector and address the obstacles facing investors. Qatif province is distinguished by its geographical location and its long history in agriculture, fishing, and trade, making it a fertile ground for developing modern economic projects that keep pace with the Kingdom's progress.
The role of the Qatif Business Council in achieving sustainable development
During the meeting, the governor listened to a comprehensive presentation by the council chairman, Hussein Al-Muqrin, outlining the council's key aspirations and strategic vision for the upcoming term. The presentation highlighted a range of initiatives and practical plans aimed at developing the business environment in Qatif Governorate. These initiatives focused on enhancing diverse investment opportunities, providing necessary support to entrepreneurs, and fostering an environment conducive to small and medium-sized enterprises (SMEs), which are the backbone of any developed economy.
Impact of economic initiatives at the local and regional levels
This economic initiative is of paramount importance and is expected to have a far-reaching impact, extending from the local to the regional level. Locally, the council's plans will contribute to creating new job opportunities for young men and women in Qatif, stimulating commercial activity, and improving the level of services provided to citizens. Regionally, enhancing Qatif's position as an attractive investment destination will support the Eastern Province's GDP as a whole and strengthen integration among the region's governorates. Furthermore, creating a transparent and stimulating investment environment will help attract capital seeking promising opportunities in the growing Saudi market.
Combined efforts to achieve the goals of the Kingdom's Vision 2030
Governor Abdullah Al-Saif urged all members to continue working as a unified team and to capitalize on the unique economic advantages of the province. He emphasized that these efforts must be fully aligned with the objectives of the Kingdom's Vision 2030, under the generous and unwavering support of the wise leadership – may God protect them – for fostering the growth of the business sector. He also noted the directives of His Royal Highness the Prince of the Eastern Province and His Royal Highness the Deputy Prince – may God preserve them – which consistently emphasize streamlining procedures, supporting investors, and activating partnerships between government and private entities.
At the conclusion of the fruitful meeting, Mr. Hussein Al-Muqrin expressed his sincere thanks and appreciation to the Governor of Qatif for his continued support and keen interest in developing the commercial sector. He affirmed the Council's commitment, with all its members, to working diligently and tirelessly to fulfill the aspirations of the wise leadership, contribute effectively to the development of the business sector, serve the local community, and achieve comprehensive and sustainable economic development in Qatif Governorate.
