The Saudi capital, Riyadh, witnessed a significant economic event: the Saudi-Polish Investment Forum , a strategic step towards deepening bilateral relations between the two countries. The forum was held at the headquarters of the Federation of Saudi Chambers, with high-level attendance including Saudi Minister of Investment, Engineer Khalid Al-Falih , and Polish Minister of Finance, Andrzej Domanski , along with the Vice President of the Federation of Saudi Chambers, Emad Al-Fakhri, and broad participation from government officials, business leaders, and investors from both sides.
Strategic dimensions and economic background
This economic activity comes at a time when Saudi Arabia is undergoing radical transformations as part of its Vision 2030 , which aims to diversify its sources of income and attract high-quality foreign investment. Poland, as one of the largest economies in Central and Eastern Europe, is a promising partner for the Kingdom, possessing extensive expertise in technology, agriculture, and heavy industry. This forum reflects the two countries' desire to move beyond traditional trade relations to a phase of sustainable strategic partnerships that serve mutual interests and connect the markets of the Middle East and Europe.
Details of the new investment agreements
The forum's work culminated in the announcement of the signing of investment agreements aimed at institutionalizing cooperation between Riyadh and Warsaw:
- The first agreement focused on establishing a comprehensive framework for joint cooperation, including the exchange of information and expertise, and the organization of economic events, thus paving the way for a more attractive and transparent investment environment for the business sector in both countries.
- The second agreement targeted the financial and funding aspect, through the development of financing and insurance tools necessary to stimulate joint projects, which will increase mutual investment flows and reduce the risks that investors may face.
Vital sectors and the future of the digital economy
The forum was not limited to signing agreements; it also featured in-depth panel discussions and roundtables addressing vital sectors that form the backbone of the future economy. Particular emphasis was placed on the digital economy , with experts discussing opportunities for collaboration in information and communication technologies, financial technologies (FinTech), and artificial intelligence-based innovations—areas that the Kingdom prioritizes in its development plans.
Food security and industrial cooperation
Given the paramount importance of global food security, the forum devoted considerable time to discussing the development of value chains in the agricultural sector . Poland possesses extensive experience in this field, which opens the door for the transfer of advanced agricultural technologies to the Kingdom and the localization of food and agricultural equipment manufacturing. Discussions also touched upon the construction sector, ways to develop building materials and improve the efficiency of major projects underway in the Kingdom, as well as energy security issues and the role of the industrial sector in supporting sustainable economic transformation.
The forum concluded by emphasizing the need for continued dialogue between the public and private sectors, and exploring long-term investment opportunities that would create new jobs and boost economic growth in both the Kingdom of Saudi Arabia and the Republic of Poland.
