01 September 2026
Strategic Cooperation
Expertise That Comes Together
and Solutions Built Around Business Needs
News & Partnerships

Itqan International Consulting Company and Modern Trade Company Sign a Strategic Cooperation Agreement to Integrate Professional, Administrative and Financial Expertise and Advance Business Development

Itqan International Consulting Company and Modern Trade Company signed a strategic cooperation agreement aimed at establishing an organized framework for developing joint opportunities and projects and benefiting from complementary expertise. Itqan brings diverse professional and consulting capabilities, while Modern Trade contributes expertise in training, administrative, financial and accounting consulting, marketing, business development, and logistics, enabling the development of more integrated solutions for the business sector.

Corporate NewsStrategic CooperationBusiness Sector

Cooperation at a Glance

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

Cooperation Combining Professional Expertise with Administrative, Financial and Commercial Capabilities

The agreement is being signed amid the economic and development transformations taking place in the Kingdom and the resulting need for multidisciplinary business solutions that integrate professional, regulatory, financial and commercial dimensions.

The cooperation builds on the integration of Itqan’s expertise in consulting and professional services with Modern Trade’s capabilities in training, administrative, financial and accounting consulting, marketing, business development and logistics, opening the way for value-added joint projects and initiatives.

Strategic cooperation signing ceremony between Itqan International Consulting Company and Modern Trade Company — 1
Cooperation bringing together Itqan’s professional and consulting expertise with Modern Trade Company’s capabilities in administration, finance, accounting, marketing, business development, training and logistics.
Strategic cooperation signing ceremony between Itqan International Consulting Company and Modern Trade Company — 2
From the Event
A scene from the signing ceremony of the strategic cooperation agreement between Itqan International Consulting Company and Modern Trade Company.
Signing Ceremony

The Outcome of Professional Dialogue and a Shared Strategic Vision

The strategic cooperation agreement between Itqan International Consulting Company and Modern Trade Company culminated a series of professional discussions on opportunities for integration between the two parties and on developing projects that combine consulting expertise with administrative, financial, accounting and marketing capabilities, business development and logistics.

01
Itqan International Consulting Company
Dr. Mohammed Al-Amri
Chairman of the Board
02
Modern Trade Company
Dr. Majid Al-Din bin Farouk Al-Ruzaini
Chairman of the Board
Core Idea

Cooperation Based on Complementary Specializations, Not Duplication

The value of the cooperation stems from the differences and complementarity between the two parties’ expertise: Itqan provides diverse professional and consulting capabilities, while Modern Trade adds its administrative, financial, accounting, marketing and operational expertise.

This combination makes it possible to address business needs from multiple angles, starting with diagnosis and consultation, moving through administrative, financial and accounting considerations, and extending to marketing, business development and logistics support.

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

Accordingly, the cooperation enables project-specific teams to be formed, the right expertise to be selected, and interconnected solutions to be developed instead of treating each aspect separately.

Shared Professional Vision

Business Needs Require an Integrated View from Consulting Through Operations

The cooperation is based on the recognition that many organizational challenges do not stop at a single dimension. A decision may begin with a professional or regulatory issue and then extend to financial or accounting effects, a marketing need, a business-development pathway, or operational and logistics requirements.

01
Understand the Need
Understand the client’s context and diagnose the current situation.
02
Identify the Expertise
Select the appropriate specialties for the project.
03
Design the Solution
Develop alternatives and select the appropriate approach.
04
Implementation and Follow-up
Turn the concept into actionable outputs.
05
Measure Impact
Link outputs to results and impact.

An Integrated Expertise Ecosystem Combining Consulting, Administration, Finance and Business Development

The cooperation brings together Itqan International Consulting Company’s professional and consulting expertise with Modern Trade Company’s specializations in training, administrative consulting, financial and accounting consulting, marketing, business development and logistics. This integration supports the development of joint solutions and projects that address professional, administrative, financial, commercial and operational dimensions according to each client’s needs.

Professional ConsultingManagement ConsultingFinancial ConsultingAccounting ServicesMarketingBusiness DevelopmentTrainingProject ManagementLogistics ServicesGovernance & ComplianceRisk Management

Areas of Cooperation Between the Two Companies

The cooperation agreement opens a number of pathways that can be developed according to the nature of each opportunity and project, including:

01Developing joint consulting and professional solutions for the business sector.
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 on project management, planning, implementation and follow-up.
07Developing and implementing training programs and initiatives and building capabilities.
08Developing marketing plans and initiatives related to projects and services.
09Exploring expansion opportunities and access to new segments and markets.
10Supporting project 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 the nature of each project.
14Exchanging knowledge and professional expertise between the two parties’ teams.
Strategic cooperation signing ceremony between Itqan International Consulting Company and Modern Trade Company — 3
From the Event
A scene from the meeting accompanying the signing ceremony, where opportunities for integration and pathways for developing joint projects and initiatives were discussed.

From Cooperation Agreement to High-Impact Projects

The significance of the cooperation does not end with signing the agreement; its real value begins when areas of cooperation are converted into executable opportunities, projects and programs.

Accordingly, the two parties seek to explore areas where their combined expertise can create clear value, whether through developing new services, implementing joint projects, or delivering solutions that bring together professional, administrative, financial, commercial and operational dimensions.

The Client at the Center of Solution Design

Effective consulting starts with understanding the client’s actual context before proposing solutions.

Itqan International Consulting Company believes that effective consulting begins with understanding the client’s actual context before proposing solutions. One of the core aspects of the cooperation is therefore the ability to build teams and bring together expertise around the client’s specific need.

Professional Knowledge as Part of the Cooperation

The expected cooperation is not limited to delivering services or executing projects; it also extends to exchanging knowledge and professional expertise and developing content, studies, and methodologies related to the shared areas of work.

Developing More Integrated Solutions for Business Organizations

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

A Professional Partnership Supporting the Development of the Business Sector in the Kingdom

The cooperation agreement is being signed during a period of rapid economic and institutional development in the Kingdom, accompanied by growing organizational demand for solutions that combine consulting, administration, finance, accounting, marketing, business development and operational services.

National Context
Saudi Vision 2030
Building such professional partnerships aligns with Saudi Vision 2030 priorities related to 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, Itqan International Consulting Company seeks to build cooperation models focused on implementation and results and to leverage diverse expertise in addressing client needs in a more integrated manner.

From this perspective, cooperation with Modern Trade creates room to develop solutions that begin with understanding the need, then identifying the required expertise, designing and implementing the solution, following up on outputs and measuring results.

A New Phase of Cooperation Between the Two Parties

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

Itqan International Consulting Company and Modern Trade Company look forward to making this cooperation the foundation for a long-term path based on clear roles, complementary expertise, quality execution and the transformation of professional knowledge into measurable practical value.

Photos from the Signing Ceremony

Selected moments from the signing ceremony of the strategic cooperation agreement.

Strategic cooperation signing ceremony between Itqan International Consulting Company and Modern Trade Company — 4
Strategic cooperation signing ceremony between Itqan International Consulting Company and Modern Trade Company — 5
Strategic cooperation signing ceremony between Itqan International Consulting Company and Modern Trade Company — 6
Strategic cooperation signing ceremony between Itqan International Consulting Company and Modern Trade Company — 7
Itqan International Consulting Company × Modern Trade Company
Strategic Cooperation Linking Professional Expertise with Administration, Finance and Business Development
A cooperation framework combining consulting, administrative, financial, accounting, marketing and operational expertise and linking knowledge with implementation and results.
Expertise that integrates. Specializations that complement one another. Solutions built around business needs.