French Companies Express Interest in Saudi Entertainment Market, Opening Headquarters in Riyadh

French Companies Express Interest in Saudi Entertainment Market, Opening Headquarters in Riyadh
Major French companies expressed their interest in accessing the Saudi market and investing in the tourism and entertainment market at a time the Kingdom of Saudi Arabia

Major French companies expressed their interest in accessing the Saudi market and investing in the tourism and entertainment market at a time the Kingdom of Saudi Arabia has become an international destination for tourists and visitors from across the world in light of the big attention of the Kingdom Vision 2030 to this important economic sector.

These remarks were made while the Federation of Saudi Chambers, represented by the Saudi-French Business Council, welcomed several French businesspeople and specialized companies in entertainment fields, in the presence of presidents of the two sides of the business council Dr. Mohammad bin Laden and Laurent Germain, and several businesspeople from the two countries.

Germain said that the Kingdom of Saudi Arabia has amazed the world with the entertainment industry within a short period of time, where the two countries have strong economic relations in light of a supportive political will through the exchanged visits of the leaders and officials of the two countries, commending the outstanding development of the entertainment sector in the Kingdom in light of the Kingdom Vision 2030 and the mega projects that are being developed, which have amazed the world and provided big investment opportunities for major French companies that can, through their expertise, contribute to further developing this sector and realizing its targets, where these companies can inaugurate headquarters in Riyadh to maximize benefits from these opportunities.

For his part, Vice President of the French side at the council Eng. Fayez Al-Alweit referred to the developments the sector is witnessing in the Kingdom and the exceptional opportunities that it provides for foreign investors, expressing aspiration for a big cooperation in this field between the two countries.

Attendees of the meeting listened to a briefing on the entertainment sector in the Kingdom and the top developments that the sector has witnessed over the past few years, including the entertainment seasons, cinema, and other entertainment events that attracted millions of visitors from inside and outside the country.

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