Up to 100 French firms seek to implement Expo 2030, World Cup projects in Saudi Arabia

Business France indicated that deals will be finalized with major French and Saudi investors on the sidelines of a forum at the end of November. File/Reuters
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Updated 05 November 2025
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Up to 100 French firms seek to implement Expo 2030, World Cup projects in Saudi Arabia

RIYADH: Up to 100 French companies are seeking opportunities to implement Expo 2030 and 2034 World Cup projects in Saudi Arabia, according to Business France, the French Embassy’s trade commissioner in Saudi Arabia.

The French firms, specializing in infrastructure, transportation, engineering, and culture, will visit Riyadh at the end of November to participate in the French-Saudi Business Forum, Al-Eqtisadiah reported.

They will explore investment opportunities in infrastructure projects, specifically related to the design and construction of the metro line connecting the airport to the Expo 2030 site.

Business France indicated that deals will be finalized with major French and Saudi investors on the sidelines of the forum.

The French companies will also meet with representatives from government agencies and private sector companies to discuss potential projects in smart cities, transportation, sports, technology, culture, and security.

The French-Saudi Business Forum is as a high-level platform that brings together companies, decision-makers, and institutions from France and the Kingdom to foster partnerships, explore investment opportunities, and strengthen bilateral economic relations, with a focus on Riyadh and its transformation thanks to Expo 2030 and the 2034 FIFA World Cup.

The volume of French companies’ investments in Saudi Arabia is estimated at approximately €2.8 billion ($3.08 billion), according to what Mohammed Nahad, the French Consul General in Jeddah, told Al-Eqtisadiah last month.

The total value of French investments in Saudi Arabia has reached SR23 billion ($6.13 billion), ranking it ninth among the top investing countries.


Concierge demand surges as CEOs relocate to Saudi Arabia

Updated 12 November 2025
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Concierge demand surges as CEOs relocate to Saudi Arabia

RIYADH: As Saudi Arabia attracts a growing influx of CEOs and high-net-worth individuals, the demand for concierge and lifestyle management services is soaring — with requests becoming increasingly complex and personalized.

“There’s an avalanche of people, for all the reasons that you would know, relocating to Saudi Arabia,” said Sir Ben Elliot, founder of global luxury concierge firm Quintessentially, in an interview with Arab News during TOURISE — the Saudi Ministry of Tourism-powered global summit held in Riyadh from Nov. 11–13.

For many new arrivals, the focus is on navigating practicalities: opening bank accounts, securing cars and drivers, hiring domestic staff, and finding schools for their children. “You need real proactive help to sort stuff out,” Elliot said. “Some of that stuff is a minefield.”

Over the past 18 months, demand has not only increased but also evolved, prompting Quintessentially to enhance its local operations. Elliot explained that the company is merging international expertise with Saudi talent to ensure high service standards from the outset.

“We brought people from our offices around the world working with young, brilliant, talented Saudis so that the service that you can expect when you arrive is really ticked off,” he said.

Elliot noted that Quintessentially’s outbound support for Saudi members is also expanding, reflecting the growing global mobility of Saudi travelers. “What we’re seeing from Saudis themselves is huge,” he said. “We have great people on the ground servicing that.”

According to Elliot, the definition of luxury is shifting from material possessions to emotion-driven, experiential value — especially among younger consumers. “If you think about the history of luxury, it has often been about things, materials,” he said. “They want to experience, they want to feel.”

He emphasized that brands in hospitality, retail, and travel need to focus on “meaningful human touch and relationships.”

Elliot highlighted Saudi Arabia’s approach to merging sustainability with luxury as a key opportunity for the sector. “The Kingdom of Saudi Arabia is at the forefront of trying to marry sustainable development alongside a kind of luxury experience,” he said.

He pointed to Diriyah as an example of how cultural authenticity can coexist with modern hospitality and retail offerings. “Whenever I take friends who have never been to Saudi Arabia, to Diriyah, that to me is a physical manifestation of where culture (and) sustainability meets a pretty kind of modern experience,” he said. “It feels absolutely real and authentic.”

Elliot said hosting TOURISE in Riyadh was symbolic of the city’s rapid evolution. “Everyone can see what’s happened here in the last 6 or 7 years, it’s kind of seeing is believing,” he said.

He also reframed sustainability as a shared responsibility across industries, warning that leaders who fail to prioritize environmental and social impact risk alienating younger generations.

Despite the rise of technology, Elliot underscored that the essence of travel and tourism remains deeply human. “We humans want to interact with other humans,” he said.