1 September 2026
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Al-Itqan International Consulting Company and Modern Trade Sign a Strategic Cooperation Agreement to Integrate Professional, Administrative and Financial Expertise and Develop Business

Al-Itqan International Consulting Company and Modern Trade signed a strategic cooperation agreement aimed at establishing a structured framework for developing opportunities and joint projects and leveraging complementary expertise. Al-Itqan brings a broad range of professional and consulting expertise, while Modern Trade has capabilities in training, management, financial and accounting consulting, marketing, business development and logistics services, enabling the development of more integrated solutions for the business sector.

Corporate NewsStrategic CooperationBusiness Sector

Cooperation at a Glance

01
First Party
Al-Itqan International Consulting Company
02
Second Party
Modern Trade Company
03
Nature of the Relationship
Strategic Cooperation
04
Type of Cooperation
Strategic Cooperation
Basis for Cooperation

Cooperation Combining Professional Expertise with Administrative, Financial and Commercial Capabilities

The agreement comes amid the economic and developmental transformations taking place in Saudi Arabia and the business community's growing need for multidisciplinary solutions that bring together professional, regulatory, financial and commercial dimensions.

The cooperation builds on the complementarity between Al-Itqan's consulting and professional services and Modern Trade's experience in training, management, financial and accounting consulting, marketing, business development and logistics services, paving the way for value-added joint projects and initiatives.

Signing ceremony for the strategic cooperation agreement between Al-Itqan and Modern Trade
Cooperation that brings together Al-Itqan's professional and consulting expertise with Modern Trade's capabilities in management, finance, accounting, marketing, business development, training and logistics.
Signing ceremony for the strategic cooperation agreement between Al-Itqan and Modern Trade
From the Event
A scene from the signing ceremony for the strategic cooperation agreement between Al-Itqan International Consulting Company and Modern Trade.
Signing Ceremony

The Outcome of Professional Dialogue and a Shared Strategic Vision

The signing of the strategic cooperation agreement between Al-Itqan International Consulting Company and Modern Trade culminated a series of professional discussions about opportunities for complementarity between the two parties and the development of projects combining consulting expertise with administrative, financial, accounting, marketing, business development and logistics capabilities.

01
Al-Itqan International Consulting Company
Dr. Mohammed Al-Ameri
Chairman of the Board
02
Modern Trade Company
Dr. Majd Al-Din Al-Zuraiqi
Chairman of the Board
Core Idea

Cooperation Based on Complementary Specializations, Not Duplication

The value of this cooperation lies in the different but complementary expertise of the two parties: Al-Itqan provides a broad range of professional and consulting services, while Modern Trade contributes its management, financial, accounting, marketing and operational expertise.

This combination enables business needs to be addressed from multiple perspectives, from diagnosis and advisory services through administrative, financial and accounting matters to marketing, business development and logistics support.

The Essence of the Idea
The value lies in bringing professional expertise together with management, finance, accounting, marketing, business development and logistics around a single need.

Accordingly, the cooperation allows project teams to be assembled according to each project's nature, with suitable experts selected and interconnected solutions developed rather than treating each aspect separately.

Shared Professional Vision

Business Needs Require an Integrated Vision, from Consulting to Operations

The two parties recognize that many organizational challenges do not end at a single issue: a decision may involve a professional or regulatory matter and then extend to financial or accounting implications, marketing needs, business-development opportunities, or operational and logistics requirements.

01
Understanding the Need
Understanding the client's context and diagnosing the current situation.
02
Identifying Expertise
Selecting the appropriate specializations for the project.
03
Designing the Solution
Developing alternatives and choosing the appropriate response.
04
Implementation and Follow-up
Turning the proposed approach into actionable deliverables.
05
Measuring Impact
Linking deliverables to outcomes and impact.

An Ecosystem of Expertise Connecting Consulting with Management, Finance and Business Development

The cooperation brings together Al-Itqan International Consulting Company's expertise in professional and consulting services and Modern Trade's specializations in training, management consulting, financial and accounting consulting, marketing, business development and logistics. This complementarity enables joint solutions and projects that consider professional, administrative, financial, commercial and operational aspects according to the client's needs.

Professional ConsultingManagement ConsultingFinancial ConsultingAccounting ServicesMarketingBusiness DevelopmentTrainingProject ManagementLogistics ServicesGovernance and ComplianceRisk Management

Areas of Cooperation Between the Two Companies

The agreement opens up several areas of cooperation that can be developed according to the nature of each opportunity and project, most notably:

01Developing joint consulting and professional solutions for businesses.
02Developing administrative and organizational solutions and improving processes.
03Providing financial and accounting consulting within the scope of approved activities and licenses.
04Supporting governance, compliance and risk-management projects.
05Developing business and growth plans and strategies.
06Cooperating in project management, planning, implementation and monitoring.
07Developing and delivering training programs and initiatives and building capabilities.
08Developing marketing plans and initiatives related to projects and services.
09Studying expansion opportunities and reaching new customer segments and markets.
10Supporting projects' logistics needs within the scope of permitted activities.
11Preparing studies, analyses, methodologies and professional guides.
12Exploring opportunities to develop joint products and services.
13Building multidisciplinary teams according to project needs.
14Sharing knowledge and professional expertise between the parties' teams.
Signing ceremony for the strategic cooperation agreement between Al-Itqan and Modern Trade
From the Event
A scene from the meeting held alongside the signing ceremony, where opportunities for integration and pathways for joint projects and initiatives were discussed.

From a Memorandum of Cooperation to Projects with Impact

The importance of cooperation does not stop at signing the agreement; its real value begins when areas of cooperation are turned into actionable opportunities, projects and programs.

The parties therefore look forward to exploring areas where shared expertise can deliver tangible value, whether by developing new services, carrying out joint projects or providing solutions that combine professional, administrative, financial, commercial and operational dimensions.

The Client at the Center of Solution Design

Effective consulting begins with understanding the client's actual context before proposing solutions.

Al-Itqan International Consulting Company believes that effective consulting begins with understanding the client's actual context before proposing solutions. Accordingly, an essential aspect of the cooperation is the ability to assemble teams and expertise around the client's specific needs.

Professional Knowledge as Part of the Cooperation

The envisaged cooperation extends beyond providing services or implementing projects to sharing knowledge and professional experience and developing content, studies and methodologies relevant to the parties' shared areas of activity.

Developing More Integrated Solutions for Business Organizations

Service integration is a growing trend in the consulting sector, particularly as legal, administrative, regulatory and operational decisions become increasingly interconnected.

A Professional Partnership Supporting Business-Sector Development in Saudi Arabia

The agreement comes amid a period of rapid economic and institutional development in Saudi Arabia, accompanied by growing demand for solutions that combine consulting, management, finance, accounting, marketing, business development and operational services.

National Context
Saudi Vision 2030
Building such professional partnerships aligns with Saudi Vision 2030's goals of developing the business environment, improving organizational efficiency, strengthening the private sector's role, developing national capabilities, and encouraging innovation and cooperation among professional entities.

Toward Measurable Institutional Impact

Through its partnerships, Al-Itqan International Consulting Company seeks to develop cooperation models focused on implementation and results, drawing on diverse expertise to address client needs in a more integrated manner.

In this context, cooperation with Modern Trade creates opportunities to develop solutions that begin by understanding the need, then identifying the required expertise, designing and implementing a solution, monitoring deliverables and measuring results.

A New Phase of Cooperation Between the Two Parties

The agreement marks the start of a professional framework that can evolve according to the opportunities and projects identified by the two parties.

Al-Itqan International Consulting Company and Modern Trade hope this cooperation will form the basis of a long-term relationship grounded in clear roles, complementary expertise, high-quality execution and the conversion of professional knowledge into measurable practical value.

Photos from the Signing Ceremony

Selected scenes from the signing ceremony for the strategic cooperation agreement.

Photo 4 from the signing ceremony for the strategic cooperation agreement
Photo 5 from the signing ceremony for the strategic cooperation agreement
Photo 6 from the signing ceremony for the strategic cooperation agreement
Photo 7 from the signing ceremony for the strategic cooperation agreement
Al-Itqan International Consulting Company × Modern Trade Company
Strategic Cooperation Linking Professional Expertise with Management, Finance and Business Development
A framework combining consulting, management, financial, accounting, marketing and operational expertise, and connecting knowledge with implementation and outcomes.
Complementary Expertise. Complementary Specializations. Solutions Built Around Business Needs.