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25/11/2025 05:47 AST
The Saudi-French Business Forum opened in Riyadh on Sunday, hosted by Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority of Foreign Trade Majid Al-Qasabi and French Minister Delegate for Foreign Trade and Economic Attractiveness Nicolas Forissier.
Al-Qasabi highlighted the Kingdom's commitment to fostering relations and partnerships with France based on mutual respect, as well as strengthening trade cooperation and expanding joint economic opportunities.
The forum brought together over 230 leading Saudi and French companies to develop trade partnerships in areas such as smart cities, sports, culture, and advanced technology.
Trade volume between the two countries reached approximately $48 billion, with Saudi exports primarily in boilers, machinery, appliances, mechanical tools, and aircraft and spacecraft.
French exports to Saudi Arabia included boilers, machinery, appliances, mechanical tools, and pharmaceutical products.
Trade between the two nations grew at an average rate of 15.37% from 2020 to 2024.
Asharq Al Awsat
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25/11/2025
Despite tight financial conditions and elevated global and regional uncertainty, Bahrain's real GDP grew at 2.6% in 2024, while CPI inflation picked up modestly to 0.9%, said a International Monetary
Trade Arabia
25/11/2025
Saudi Arabia's gross domestic product growth is projected to pick up to 4.5 percent in 2027, according to an industry report.
A Middle East economic update from the Institute of Chartered Ac
Arab News
25/11/2025
Saudi Arabia's Ministry of Transport has inaugurated a major new marine bridge in the Eastern Province, described as one of the longest in the Kingdom and the second-largest dual marine bridge in the
Asharq Al Awsat
25/11/2025
Under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister and Chairman of the Board of Directors of the National Development Fund (NDF),
Riyadh
Asharq Al Awsat
25/11/2025
Kuwait secured an upgrade to AA- from A+ at S&P Global Ratings, which cited stronger reform momentum and reduced fiscal funding risks as the Gulf state accelerates its long-term economic overhaul. <
Arab News
Financial Information Co.
Saudi Arabia