Saudi economy growth draws foreign investment

The article discusses the economic relations between Saudi Arabia and France, with a focus on strengthening cooperation within the framework of Vision 2030 and shared ambitions to develop strategic sectors such as artificial intelligence and digital infrastructure. The figures indicate that the volume of trade exchanges between the two countries amounted to 10.1 billion euros last year, with French direct investments exceeding 16 billion euros in Saudi Arabia up to 2024. It highlights the efforts of both parties to promote investments and develop new sectors, particularly through meetings of the Strategic Partnership Council and by expanding French companies' participation in the Saudi market, with an emphasis on energy, transportation, technology, and creative industries. The proponents confirm the growth of the Saudi economy, which is achieving a rate of up to 4%, opening broad investment opportunities that bolster the national economy and support Saudi Arabia's transition toward a new, digital, and sustainable economy.

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