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Saudi Arabia and France shift to multi-sector alliance
The economic relations between Saudi Arabia and France are transforming from a model of traditional trade to a mutually beneficial investment and industrial partnership. This shift emphasizes technology transfer, major projects, and investments across diverse sectors such as aviation, energy, water, tourism, and advanced industries. The Saudi side focuses on attracting French expertise in manufacturing, engineering, and renewable energy, while Saudi investments in France are increasing, particularly through the Public Investment Fund, which invested approximately $8.6 billion between 2017 and 2024, supporting thousands of jobs. The growing volume of trade exchange, amounting to €8.21 billion in 2025, reflects this momentum, with the aviation sector especially concentrated on aircraft purchases from Airbus and Avolis, along with significant projects like the Amiral Petrochemicals Complex, as well as investments in solar energy, infrastructure, water, and tourism. Expectations point to further investments and the development of these relations into a long-term partnership that will strengthen cooperation between the two countries across various economic and investment sectors.
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