The French Gulf Forum, in its first edition, was concluded in the French capital, Paris, in which businessmen from the UAE participated and organized by the French government over two days under the title “Gulf Vision”.
The forum discussed investment opportunities in the Gulf countries, led by the United Arab Emirates, which provides an attractive investment environment for foreign companies.
Bruno Le Maire, Minister of Economy, Finance, Industrial and Digital Sovereignty in the French government, said during his speech at the forum: This forum, which brings together businessmen from the Gulf countries and their French counterparts, is evidence of the great importance that the two parties attach to each other.
He added that Saudi Arabia, the UAE, Bahrain, the Sultanate of Oman, Qatar and Kuwait are among the most important countries concerned with the field of transition towards clean energy, pointing out that the Gulf countries are investing heavily in renewable energy projects, combating global warming and technological modernization, as well as in the water economy and the investment of land resources without harming the planet.
He added that the UAE’s hosting of “Cop28” is evidence of the great efforts it is making to preserve the planet and sustain resources, expressing his wishes of success for this session, which will be held in the UAE.
While Axelle Barrot, President of the French-Gulf Economic Forum, said: There was a great need to launch a French-Gulf economic forum, and to show through a major economic event that France is very interested in creating a great economic partnership that links it more with the Gulf countries. We have distinguished relations in the field of culture and politics. And the economy, and we want our economic relations to be at the level of our high political relations, and to develop partnerships together in all areas that bring us together.
He added: The economic cooperation between France and the UAE is very large, and we have broad common interests. Currently, more than 600 French companies operate in the UAE, and in return, there is a very large volume of Emirati investments in France. (wam)