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French FDI in Saudi Arabia €16.3B

French FDI in Saudi Arabia €16.3B

Saudi Minister of Investment Fahad Al-Sef said that the stock of foreign direct investment from France into the Kingdom reached 16.3 billion euros in 2024, having quadrupled over five years. France is considered the fourth-largest source of investments in Saudi Arabia. He explained that there are 150 investment licenses issued to French companies across 18 sectors, with significant opportunities for expansion in energy, finance, gaming, tourism, and digital infrastructure, in line with Saudi Arabia's Vision 2030, which has entered the implementation and achievement phases, creating an attractive environment for French investors. He also indicated that the Saudi market is among the most liquid and expanding markets in the Middle East, and that economic relations are being strengthened through the signing of agreements and memoranda of understanding between the two countries.

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