Saudi investment minister highlights Kingdom's rapid market growth

Saudi Investment Minister Fahd bin Abduljaleel bin Ali Al-Saif has said that Saudi Arabia is one of the world's most important and fastest-growing markets, noting its success in attracting hundreds of companies to invest, supported by the strength of the Saudi economy which offers a stable path for global businesses.

Speaking at the Saudi-French Investment Roundtable in Paris, Al-Saif added that the Kingdom has promising and stable sectors for investment, and that the Saudi economy now presents significant opportunities for French companies.

Al-Saif pointed out that the Saudi financial market is among the most expansive, emphasizing that the Saudi market is open to investors from around the world.

He explained that France is one of Saudi Arabia's key trading partners and ranks fourth among the largest sources of foreign direct investment in the Kingdom.

He added that French investments injected millions of euros into the Saudi market last year, making France the fourth largest investor in the Kingdom.

The minister affirmed that the oil and gas sector is among the key industries set to benefit from strengthened Saudi-French relations, given the investment opportunities the Kingdom offers to French companies.