Al-Falih: France’s direct investments in Saudi Arabia exceed €17B

03/12/2024 Argaam
Minister of Investment Khalid Al-Falih

Minister of Investment Khalid Al-Falih

France’s accumulated direct investments in Saudi Arabia have exceeded €17 billion, making it the second-largest foreign investor in the Kingdom, Minister of Investment Khalid Al-Falih said.

 

Al-Falih added that the trade exchange between Saudi Arabia and France surpassed €10 billion last year, with potential for further growth. He also highlighted the flow of approximately €3 billion in French investments to the Kingdom in 2023.

 

This came during Al-Falih’s speech at the Saudi-French Investment Forum 2024, held in Riyadh.

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