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During his SUV tour of the city of Qatar, he saw a 90,000-seat World Cup stadium glowing in gold cladding, a new 10-lane expressway, and a futuristic metro system—exactly the kinds of massive projects the Saudi prince is eager to construct back home.
MbS’s response to the scenery was not mentioned in the local news stories about the leaders’ vehicle ride. However, a flurry of new business between Saudi and Qatari enterprises followed, involving everything from weaponry to trains to a snow-making facility in the Saudi desert, suggesting that his presence was significant in a shift in the relationship.
MbS’s response to the scenery was not mentioned in the local news stories about the leaders’ vehicle ride. However, a flurry of new business between Saudi and Qatari enterprises followed, involving everything from weaponry to trains to a snow-making facility in the Saudi desert, suggesting that his presence was significant in a shift in the relationship.
Regarding the improving relations between the two countries, requests for comments were not answered by the government media offices of Saudi Arabia or Qatar.
Following the conclusion of the 2022 World Cup, which brought an end to a ten-year construction boom in Qatar, Qatari enterprises jumped at the chance to provide the kingdom with the expertise and capacity they had developed in the run-up to the biggest athletic event in history.
Four business executives, three analysts, and two diplomats said that the move brought in at least $10 billion in contracts and solidified the alliance between Prince Mohammed, also known as MbS, and Qatar’s Sheikh Tamim bin Hamed Al Thani. Western allies were eager to support stability in a volatile region.
Following the conclusion of the 2022 World Cup, which brought an end to a ten-year construction boom in Qatar, Qatari enterprises jumped at the chance to provide the kingdom with the expertise and capacity they had developed in the run-up to the biggest athletic event in history.
Four business executives, three analysts, and two diplomats said that the move brought in at least $10 billion in contracts and solidified the alliance between Prince Mohammed, also known as MbS, and Qatar’s Sheikh Tamim bin Hamed Al Thani. Western allies were eager to support stability in a volatile region.
The amount of contracts that Qatari contractors have won in Saudi Arabia since the boycott has not been made public before, but it indicates that Qatari businesses are actively involved in finishing the country’s “giga projects,” which are large-scale endeavors that are essential to the ambitious 2030 goals of diversifying the Saudi economy away from oil.
The partnership stands in sharp contrast to the rupture that arose in 2017 after Qatar was accused of supporting terrorism by Saudi Arabia, the United Arab Emirates (UAE), Bahrain, Oman, and Egypt, which cut off Qatar’s economy through a boycott. After Qatar refuted the accusations, a series of accommodative actions in 2021 resolved the impasse.
The partnership stands in sharp contrast to the rupture that arose in 2017 after Qatar was accused of supporting terrorism by Saudi Arabia, the United Arab Emirates (UAE), Bahrain, Oman, and Egypt, which cut off Qatar’s economy through a boycott. After Qatar refuted the accusations, a series of accommodative actions in 2021 resolved the impasse.
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