French investment in Kingdom worth $19b expands into AI, digital infrastructure, culture, mining

PARIS: French investment in Saudi Arabia is expanding beyond traditional sectors such as energy and manufacturing into artificial intelligence, digital infrastructure, culture and mining, according to a briefing on the investment relationship between the two countries. A report released on Monday, as Saudi Investment Minister Fahad Al-Saif chaired the French-Saudi Investment Roundtable Meeting in Paris, showed that France was Saudi Arabia’s fourth-largest source of foreign direct investment stock in 2024.

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