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News Saudia > Business > Saudi-French Business Roundtable Set for Paris During Crown Prince Visit
Business

Saudi-French Business Roundtable Set for Paris During Crown Prince Visit

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Last updated: August 23, 2026 5:25 pm
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The Ministry of Investment announced that Paris will host the Saudi-French Investment Roundtable on Monday during Crown Prince Mohammed bin Salman’s official visit to France. Senior government officials and business leaders from both countries will attend the event organized by the Saudi side. Strategic talks will target industrial partnerships together with transportation, logistics, artificial intelligence and digital infrastructure while several agreements and memoranda of understanding are expected to emerge across additional sectors. The gathering forms part of a wider program that includes high-level meetings between the Crown Prince and French President Emmanuel Macron.

A statement from the Ministry of Investment described the roundtable as an opportunity to build on expanding economic relations between Saudi Arabia and France. Data from the Saudi Ministry of Commerce place bilateral trade at $12 billion in 2025 after a 7.8 percent year-on-year increase while French investments in the Kingdom nearly tripled to SR19 billion during the same period. Roughly 500 French companies now operate in Saudi Arabia with 30 maintaining regional headquarters in Riyadh according to the same figures. These developments reflect alignment between Saudi Vision 2030 and France’s France 2030 plan.

The Crown Prince’s trip marks his fourth visit to France since 2017 Al Monitor reported in its preview of the engagements. Discussions with Macron are scheduled to cover regional tensions and joint efforts to advance stability in the Middle East. The investment forum will allow private-sector executives to identify concrete projects that support both nations’ diversification objectives. Such coordination has intensified since the two countries established a strategic partnership in 2024.

Additional sectors beyond those already listed are likely to surface in conversations as participants seek new collaboration avenues. The Ministry of Investment framed the event as a platform to convert promising opportunities into high-quality mutual investments. Officials from both governments will oversee sessions that emphasize practical outcomes rather than general declarations. Business delegations are expected to leave with defined follow-up actions.

French companies have shown growing interest in Saudi infrastructure and technology projects in recent years. The roundtable will enable direct engagement between CEOs and policymakers to accelerate deal flow. Saudi Arabia continues to attract foreign direct investment as part of its broader economic transformation program. France for its part views the Kingdom as a key partner in Gulf markets.

Outcomes from the Paris meeting are projected to strengthen supply chains and innovation ecosystems linking the two economies. The Ministry of Investment will track implementation of any signed instruments to ensure tangible results. Both sides have expressed commitment to regular dialogue that sustains momentum in bilateral trade and investment. This latest gathering adds to a series of similar forums held in recent years.

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ByNewsDesk
News Saudia NewsDesk is the desk responsible for News Saudia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.
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