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Saudi Arabia targets increased French investments
Today in Paris, a French-Saudi meeting is being held to strengthen investment ties between the two countries. Saudi Investment Minister Fahad Al-Suf confirmed that Saudi Arabia's doors are open to all investors, with a particular focus on attracting French investments, especially in the oil and gas sector, which benefits greatly from growing relations. France ranked fourth among the largest sources of foreign direct investment into Saudi Arabia, with an amount of €16.3 billion in 2024. French companies are investing in sectors such as industry, energy, and transportation, as well as venturing into new fields like artificial intelligence, digital infrastructure, culture, and mining. During the meeting, an agreement was signed between Saudi Arabia and "BPI France" to provide a $5 billion credit line. Additionally, bilateral trade volume in 2025 reached approximately €10.1 billion, with an annual growth rate of 7.2%. Saudi Arabia aims to increase French investments and strengthen economic relations between the two countries.
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