Aug 27, 2026
KSA This Week: France's $19bn bet, a $1.16bn battery push, and 329k new Saudi jobs
This week from the Kingdom: French investment in Saudi Arabia has reached about $19 billion across 18 sectors, doubling in five years, as the crown prince's Paris visit deepened ties in AI, digital infrastructure, culture and mining. Saudi Arabia signed $1.16 billion in agreements for four battery-storage projects totalling 2,000 megawatts, and the Human Resources Development Fund helped employ 329,000 Saudis in the first half, up 23 percent
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