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2026-08-24T13:12:23.660Z

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Saudi Arabia Facilitates French Investment

Saudi Arabia Facilitates French Investment

Saudi Arabia and France have reached an advanced stage of investment cooperation, with French companies expanding into the Saudi market supported by strong investment flows. French direct investment amounted to approximately 16.3 billion euros in 2024, including 651 licenses across 18 sectors, along with increased new investments and expansion of existing projects. The investments focus on sectors such as energy, transportation, water, tourism, and financial services. One of the most prominent partnership models is the development project in Al-Ula, which has resulted in contracts valued at over $200 million and created significant opportunities in culture, heritage, and infrastructure. Data indicates that the Saudi market is shifting from being merely a destination for exports to becoming a platform for long-term investment, supported by Vision 2030, which aims to attract up to $103 billion in investments annually by 2030. French companies are benefiting from a number of major projects and have the potential to expand within a long-term framework that enhances their presence in the Kingdom.

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