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Saudi Arabia, Latvia ink deal to boost trade, investment

RIYADH: In line with its economic diversification plan, Saudi Arabia has signed a deal with Latvia to promote bilateral trade and encourage Latvian investors to explore opportunities in the Kingdom. The agreement was signed between the Federation of Saudi Chambers and the Investment and Development Agency of Latvia in Riyadh on Wednesday, the Saudi Press Agency reported. ....

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French Companies Look For Riyadh's Opportunities in Modern Industries, Renewable Energy


Tuesday, 1 June, 2021 - 09:00
A French business delegation visits Saudi Arabia for the first time since the outbreak of the COVID-19 pandemic. (Photo: Asharq Al-Awsat)
Riyadh - Fatehalrahman Youssef
Fifteen French companies discussed in Riyadh on Monday cooperation opportunities in the fields of technology, modern industries, agricultural production, renewable energy, entertainment, tourism, education and training, and ways to strengthen partnerships in the Qiddiya and NEOM projects, the Red Sea, Green Riyadh, the Middle East Green Initiative and other new Saudi projects.
In remarks to Asharq Al-Awsat, Co-chairman of the Saudi-French Business Council Laurent Germain said: “We seek to strengthen cooperation in various fields, and we have full confidence in the Saudi investment environment,” pointing to the Kingdom’s ability to develop its economy and increase investments and trade in the region ....

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Saudi Arabia, France strengthen business, trade relations in line with Vision 2030 investment plans

RIYADH: A French delegation on a three-day trip to Saudi Arabia has expressed high hopes for the Kingdom’s future through investment opportunities in emerging sectors and enhanced bilateral relations. With direct investments amounting to more than $4.37 billion, France has become one of Saudi Arabia’s largest investors. ....

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