Mission économique Riyad
23/27 Janvier 2024
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Consulting services within the automotive/motorsport industries buying, selling and renting special, competition, collection cars events creation and management.

Yachts sale, charter and management.

Yachts sale, charter and management.

APM Monaco is a group fashion jewellery with the objective to open a company in Saudi Arabia to open retail activity in the area

Artieri & Rohmer is a law firm established in the Principality of Monaco since 2005. The firm's activities cover all areas of business law, with recognized expertise in particular in banking and finance, mergers and acquisitions, and contracts for the supply of goods or services in Monaco or abroad.

For more than 130 years, we at Julius Baer have managed our clients’ wealth and served them as trusted, truly personal and holistic advisors. With our roots as a family business, we know the value of long-term relationships, and the challenges and opportunities of growing wealth, protecting it, and passing it on. In all we do, we are inspired by our purpose: creating value beyond wealth.
The Julius Baer Group is present in over 60 locations worldwide, including Zurich (Head Office), Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, São Paulo, Shanghai, Singapore, Tel Aviv, and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international reference in wealth management.

Banque Richelieu Monaco is a pure private banking player, focusing mainly on asset Management and Real Estate Financing on behalf of distinguished families of some 40 nationalities across Monaco, Europe, Middle-East and Africa. The Bank is specialized in tailor-made portfolio management & advisory, real estate financing solutions, life insurance and international wealth planning solutions. We offer a bespoke service, with high added value, by grouping together the main features of international wealth management in a single Boutique Private Bank. Our efforts have been recognized by Global Finance, who has awarded us with the World’s Best Boutique Private Bank award for the year of 2024. Our teams work in a pragmatic and flexible environment in which decision-making is rapid and dynamic. Since 1996 we have been providing our clients with bespoke services through our “esprit de conquête, the entrepreneurial spirit that has shaped our company and drives us to do business with passion, commitment and the highest of standards.

Beach & Cashmere Monaco is a monegasque brand, well-known for its sustainable collections, which reflects the creative, chic and glamorous spirit of the Principality of Monaco. The Founder & Creative Director of Beach & Cashmere Monaco is Federica Nardoni Spinetta, who is also President and Founder of Monaco Fashion Council (Chambre Monégasque de la Mode), that regroups and represents the monegasque fashion brands and that runs the Monte-Carlo Fashion Week. Along the years Beach & Cashmere Monaco designed and produced many sustainable collections, such as: the «Save the Ocean» collection, to raise awareness about the Ocean’s pollution and produced with sustainable fabrics and recovered materials from the sea, such as fishnets; the «Under Full Sails» collection, in collaboration with the Yacht Club of Monaco, upcycling used and broken sails into «Haute Couture Fabrics», creating glamorous and sustainable outfits; the Save the Nature collection raising awareness about protecting the animals; the No Waste collection, which has been produced with scrap fabrics and launched during the European No Waste Week

BehneMar is an exclusive yacht consultant, offering unique and highly bespoke services. Our core consultancy services are to advise clients Who are planning to purchase, build or charter a new or pre-owned yacht from under 100ft to over 100m.

Complete management of aircraft sales transactions from corporate jets to helicopters

Boutsen Classic Cars specialized in the sourcing, acquisition and sale of historic cars from the 50'S to the 90'S for discriminating collectors. Boutsen Classic Cars provides exclusive representation worldwide and manages all the aspects of the transactions. The company's inventory comprises also selective road and the race cars, with legendary history.

The Gardetto Law Offices are a Monaco-based law firm with a strongly international dimension in terms of both the diversity of its clients and the nature of the cases it handles. It offers its clients, international companies and private individuals alike, a highly skilled and professional team who between them possess all the competencies required to tackle a comprehensive range of legal issues, including both litigation and advisory work, and to resolve the most complex situations. The firm is regularly involved in international litigation, as well as in international projects, and assists clients wishing to settle in the Principality of Monaco Thanks to its network of overseas correspondents the firm is in a position to offer clients services that are not confined to the Principality of Monaco.

CBX is a dynamic global sports promoter, events production house, commercial consultancy, sponsorship & marketing business. Our team is engaged by some of the best known sporting brands, talent, and venues on the planet.
CBX forged its reputation for realising the value of global sports rights to better activate brands such as Formula 1 and Formula E.
Having created the official outdoor experiences for city centres (F1 FanZone), and acting as exclusive promoter of Formula E in the Middle East, CBX is expanding to tennis, yachting, and other motorsports seeking to grow their footprint and reach beyond their core audience.

The Indosuez Wealth Management network is represented in Monaco by CFM Indosuez Wealth Management, the Principality's leading bank.
Its roots go back to 1922, the year it was founded by major Monegasque families, some of whom are still shareholders, alongside the 70% majority shareholder, the Crédit Agricole Group.
With 5 branches throughout the country and the largest trading room in Monaco, its teams of nearly 400 highly specialised staff combine their knowledge of the Principality's international environment with the vast expertise and scope for action of the international network of Indosuez Wealth Management and the Crédit Agricole Group.
In addition to its core business of wealth management, CFM Indosuez Wealth Management serves all types of clients, whether they are private, institutional, corporate or professional investors.
CFM Indosuez is also the leading commercial bank in Monaco.
In 2022, CFM Indosuez Wealth Management celebrated its 100th anniversary. In 2023, CFM Indosuez was voted best bank in the Principality by the international magazine Global Finance for the seventh year running, and was awarded the Wealth Management Business Servicing The Principality of Monaco prize by Wealth Briefing, the international specialist in business intelligence services for wealth management.

After managing the Martin Maurel and Rothschild & Co WM banks in Monaco for more than 12 years, Fréderic Geerts , Independent Senior Advisor, created "GH Advisory" to support family-owned corporate companies in a wide range of areas: - Business Development in Europe and Africa - Advice on Trade Finance, Project Finance & Equity . - Assistance in Structuring and International Asset Management adapted to family groups. GH Advisory is at your side to help you conquer or develop your markets in Africa. 30 years' experience in Africa by its founder has enabled him to forge close relationships with senior executives of European and international industrial and commercial groups. Frédéric Geerts is also one of the founding members of CEMA. In 2014, he became its General Secretary, and since December 2020, he has been its President. In the international field of Africa, he is also a director of the CBL-ACP (Belgo-Luxembourg Chamber of Commerce for Africa, the Caribbean and the Pacific).

Design, creation and realization of gardens and green spaces, landscaping studies, garden consulting.
Design office and assistance with project management and project management in the field of design, creation of gardens, maintenance and landscaping of green spaces and terraces. Installation, automatic watering, roof, terraces, gardens and green walls.

Dietsmann is a leading global provider of specialized Operation & Maintenance (O&M) services for the energy industry. With over 45 years of experience, Dietsmann offers comprehensive support to oil, gas, and power companies worldwide. Our expertise lies in the management of projects whose scope of work is the maintenance of complex industrial installations, including oil refineries, gas processing plants, power plants, and offshore platforms. Dietsmann’s services encompass a wide range of contexts, such as predictive and preventive maintenance, inspections, repairs, overhauls, maintenance engineering and optimization of maintenance plans for equipment and systems. We excel in the recruitment, management and constant training of skilled manpower, employing the most advanced technologies, with the ultimate aim to ensure seamless operations and maximize the lifespan of our Client’s strategic assets. One of Dietsmann’s key strengths is securing long-term partnerships with clients, aiming to enhance operational efficiency, reduce costs, and improve safety and environmental performance. We tailor our services to meet the client’s strictest requirements, whether it is executing routine maintenance tasks, implementing advanced condition monitoring methodologies, or providing sound guidance on asset management strategies.

Investment bank, asset management, portfolio management.

Investment bank, asset management, portfolio management.

Logistic support services to projects, camp services, camp construction and catering

Conceptual design, detailed design and naval architecture in the fields of yachting, leisure boating and marine transportation.

Firmus Grey Water Recycling System is a Monégasque company founded in 2017, specializing in greywater recycling. Its acronym is FGWRS. Grey water refers to wastewater from showers, sinks, and washing machines. Water from steam rooms and swimming pools can also be recycled, even though they are not typically classified as grey water.

Firmus Grey Water Recycling System is a Monégasque company founded in 2017, specializing in greywater recycling. Its acronym is FGWRS. Grey water refers to wastewater from showers, sinks, and washing machines. Water from steam rooms and swimming pools can also be recycled, even though they are not typically classified as grey water.

The Prince Albert II of Monaco Foundation is a global non-profit organisation committed to progressing Planetary Health for present and future generations. Founded by HSH Prince Albert II of Monaco in 2006, the Foundation exists to promote a new relationship with nature and the innovations that can impact this change. The Foundation aims to bring humanity together to empower impactful solutions for our planet's biodiversity, climate, ocean and water resources. It works in three main geographical areas : the Mediterranean Basin, the Polar Regions and the Least developed countries.

Gordon S. Blair is an independent legal and tax consulting firm, established in Monaco in 1920.
Originally created by British lawyers to support their clients in their mobility projects in Monaco and the region, the firm has acquired unique know-how in managing the civil and tax law implications related to changes in their lives and in their legal environment.
Opening up to new clientele and sustained growth in recent years have enabled Gordon S. Blair to become a benchmark firm in Monaco and the region.

GPS Monaco Group is a firm of experts in international sourcing that allow you to buy at the right price directly from factories in an efficient and secure way, throught its sourcing, purchasing audit, quality Inspection and logistics departments.

We are among the world's leading experts in ice cream and sorbet, with the highest quality ingredients and custom flavors delivered to our clients worldwide in a ready-to-use ice cream mix.
Our unique concept was designed and formulated specifically for clients who want access to world-class ice cream and sorbets, but without any of the associated manufacturing complexities. Our easy two-step process does just that! We create our mixes with first rate french ingredients, carefully selected, and meticulously measured by our team of Highly-Skilled Workers in France and world champion ice cream makers.
With only a batch freezer and a pair of scissors, you can offer the best quality ice cream with absolute simplicity. No need for exotic equipment, skilled workers or a high standards lab when you have us!
Our concept is readily available to everyone and for all markets. Whatever your project, we are here to support and advise you, ready to adapt to your country's taste and culture.

We are among the world's leading experts in ice cream and sorbet, with the highest quality ingredients and custom flavors delivered to our clients worldwide in a ready-to-use ice cream mix.
Our unique concept was designed and formulated specifically for clients who want access to world-class ice cream and sorbets, but without any of the associated manufacturing complexities. Our easy two-step process does just that! We create our mixes with first rate french ingredients, carefully selected, and meticulously measured by our team of Highly-Skilled Workers in France and world champion ice cream makers.
With only a batch freezer and a pair of scissors, you can offer the best quality ice cream with absolute simplicity. No need for exotic equipment, skilled workers or a high standards lab when you have us!
Our concept is readily available to everyone and for all markets. Whatever your project, we are here to support and advise you, ready to adapt to your country's taste and culture.

French Sculptor and painter, art gallery, contemporary art exhibition, design and sale of works of art, artistic jewelry and decorative and design furniture. Organization of art exhibitions and creative workshops 'Make your Own Bonbon' and any other service related to the main activity.
Laurence Jenkell, alias JENK, Knight of the Order of Arts and Letters, is a French contemporary art artist known worldwide for her Wrapping Candy, Wrapping Twist and Monacandy sculptures among others. JENK is present in over 50 countries in major galleries and important private, public, and institutional collections.

Jet travel Monaco has been the leading business and leisure travel agency in the Principality for over 20 years. With a close-knit team of passionate advisors, Jet travel accompanies your business trips, organises your seminars and offers you authentic experiences during your tailor-made personal trips.

High growth and high yield investments management specialized in real estate and agribusiness. We are redefining agriculture worldwide through green sustainable and high-tech practices.

KHIKO operates as a venture capital consultancy, primarily focusing on the fintech and medtech industries. The firm is notably skilled in advising and investing in domains like AI-based algorithmic trading and blockchain projects. Their engagement spans a wide array of sectors, from investment funds to entertainment and education digital platforms, private digital banking, and healthcare. The firm's primary geographic focus is on companies within Europe.

Old Masters, modern and contemporary paintings and works of art.

Old Masters, modern and contemporary paintings and works of art.

Based in Monaco, MBM Consulting provides private consultancy and exclusive services built on understanding the desires of demanding clients. Thanks to an unparalleled network of exclusive connections, MBM Consulting offers a compelling offering and a powerful platform of luxury lifestyle services and solutions. MBM Consulting will assist sophisticated individuals to reach their ultimate personal goals and will provide corporations with tailored client-driven solutions. Trust, discretion, efficiency….

Specialist in logistics coordination for all types of Events. Event transport for weddings, birthdays, sports Events.
Organization of processions, training and management of all transport with drivers. Hostess agency and all services related to the organization, coordination, management and creation of Events in Monaco and International.

Specialist in logistics coordination for all types of Events. Event transport for weddings, birthdays, sports Events.
Organization of processions, training and management of all transport with drivers. Hostess agency and all services related to the organization, coordination, management and creation of Events in Monaco and International.

Monoïkos 1297 est une maison Monégasque spécialisée dans les produits de luxe éco-responsables. Un souvenir, un cadeau made in Monaco.

Monoïkos 1297 est une maison Monégasque spécialisée dans les produits de luxe éco-responsables. Un souvenir, un cadeau made in Monaco.

Mise à disposition des boxes dans le self stockage au Lumigean.
MONTE CARLO SELF STORAGE SARL propose la nécessité (déménagement, archives, affaires été/hiver) des box de stockage privé individuelle et sécurisé de différente tailles, et sans engagement de durée. Tout ceci sur le territoire Monégasque accessible 24h/24 et 7j/7.

Mise à disposition des boxes dans le self stockage au Lumigean.
MONTE CARLO SELF STORAGE SARL propose la nécessité (déménagement, archives, affaires été/hiver) des box de stockage privé individuelle et sécurisé de différente tailles, et sans engagement de durée. Tout ceci sur le territoire Monégasque accessible 24h/24 et 7j/7.

Monterra Wealth Management (formerly Pleion Monaco) is a management company approved on 21 December 2018 by the Commission de Contrôle des Activités Financières (CCAF, www.ccaf.mc)
Created by former senior executives who had worked for leading banking institutions in France and the Principality of Monaco, the founders' aim was to take a more entrepreneurial approach to their business, with a desire to get closer to customers' needs and expectations.
To achieve this objective, Monterra Wealth Management has built its business on the strong values of independence, transparency and the pursuit of performance. These values represent the company's DNA and form the foundation that guides its day-to-day business and all its development projects.
Since it began operations in 2019, Monterra Wealth Management has benefited from the trust of numerous clients.
Building on this momentum and to support its development, the company has obtained additional authorisation from the Monegasque authorities to manage foreign collective investment schemes.
In 2021, it will launch the first fund to be managed from the Principality: Lysis ESG Thematics, which has been awarded the SRI (Socially Responsible Investment) label.

Monterra Wealth Management (formerly Pleion Monaco) is a management company approved on 21 December 2018 by the Commission de Contrôle des Activités Financières (CCAF, www.ccaf.mc)
Created by former senior executives who had worked for leading banking institutions in France and the Principality of Monaco, the founders' aim was to take a more entrepreneurial approach to their business, with a desire to get closer to customers' needs and expectations.
To achieve this objective, Monterra Wealth Management has built its business on the strong values of independence, transparency and the pursuit of performance. These values represent the company's DNA and form the foundation that guides its day-to-day business and all its development projects.
Since it began operations in 2019, Monterra Wealth Management has benefited from the trust of numerous clients.
Building on this momentum and to support its development, the company has obtained additional authorisation from the Monegasque authorities to manage foreign collective investment schemes.
In 2021, it will launch the first fund to be managed from the Principality: Lysis ESG Thematics, which has been awarded the SRI (Socially Responsible Investment) label.

Monterra Wealth Management (formerly Pleion Monaco) is a management company approved on 21 December 2018 by the Commission de Contrôle des Activités Financières (CCAF, www.ccaf.mc)
Created by former senior executives who had worked for leading banking institutions in France and the Principality of Monaco, the founders' aim was to take a more entrepreneurial approach to their business, with a desire to get closer to customers' needs and expectations.
To achieve this objective, Monterra Wealth Management has built its business on the strong values of independence, transparency and the pursuit of performance. These values represent the company's DNA and form the foundation that guides its day-to-day business and all its development projects.
Since it began operations in 2019, Monterra Wealth Management has benefited from the trust of numerous clients.
Building on this momentum and to support its development, the company has obtained additional authorisation from the Monegasque authorities to manage foreign collective investment schemes.
In 2021, it will launch the first fund to be managed from the Principality: Lysis ESG Thematics, which has been awarded the SRI (Socially Responsible Investment) label.

Net0 helps large businesses and governments worldwide use Artificial Intelligence to measure and reduce carbon emissions.

Net0 helps large businesses and governments worldwide use Artificial Intelligence to measure and reduce carbon emissions.

NOVAE Events & Lifestyle Management is based in Monaco since 2009.We are a leading global event, travel and Lifestyle Management Agency. We provide a full spectrum of tailor-made experiences, events and top VIP access and hospitality services for high-net-worth individuals and busy corporate clients during major events hold in Monaco and Cannes, Monte-Carlo Tennis Rolex Masters, F1 Monaco Grand Prix, Cannes Film Festival. With a boutique agency philosophy, we seamlessly integrate the advantages of larger companies' facilities and the human values and attention to detail, offering unparalleled client care through expert event management. Once your expectations have been outlined we will make unbiased suggestions and recommendations on how they can be achieved. We produce and manage each step of your exquisite custom event. Hense our operating as a lifestyle Management Boutique Agency, NOVAE will come with a full range of bespoke services and will meet any top-end family needs and wishes to ensure your stay amongst us is an experience of a life time. NOVAE & Bespoke services is utterly pleased and honored to offer this dedicated assistance to our existing and future clients, ensuring your NOVAE experience continues far beyond.

Founded in 1999, Sabrina Monte-Carlo, is a recognised interior design studio based in Monaco. With four showrooms based in the principality and Saint-Jean-Cap Ferrat offering a diverse selection of luxury furniture, fabrics, tableware and accessories, it has become a one stop-destination for all interior and exterior decoration projects.
Sabrina Monte-Carlo aims to provide its clients with the most complete service, from research and advisory to the design proposal, the ordering process as well as the delivery and final installation. Sabrina and her team collaborate with an international and professional client base including notable architects and interior designers. Its portfolio now includes contemporary villas on the French Riviera, grandiose palaces in the Middle East, Louis XV apartments in Paris, rustic chalets in the Swiss Alps, and even modern private jets.
Having decorated over 150 of the world’s largest yachts, Sabrina and her team also pride themselves for a distinct expertise in the yachting sphere.
These projects have been profiled in publications such as Boat International, Showboats, Artravel and Elle Decor.

SAVILLS is one of the world's largest real estate firms and in Monaco provides residential property services. Sales, lettings, valuations, management.

SCA SARL deals with coordination and logistics consultancy in the maritime and military fields

We are an independent insurance broker based in Monaco for thirty-five years with an experienced team of 200 employees. We are a family office in the world of insurance. Our insurance brokerage services are designed to provide you with personalized support in subscribing to your contracts, whether you are an individual or a company. I am an expert life insurance and wealth planning advisor, passionate about finding tailored insurance solutions for my high-end international clients. I also support my clients in finding financing, and I work with banks in Monaco and Luxembourg.

Synergie Technologies is an IT service consulting firm. We would like to put forward two areas of expertise: - Digital identity solutions; - Esri software solutions widely used in the oil and gas industry.

Synergie Technologies is an IT service consulting firm. We would like to put forward two areas of expertise: - Digital identity solutions; - Esri software solutions widely used in the oil and gas industry.

Synergie Technologies is an IT service consulting firm. We would like to put forward two areas of expertise: - Digital identity solutions; - Esri software solutions widely used in the oil and gas industry.

The Terrae Farm is an essential element in shaping the city of tomorrow, responding to current ecological and social concerns. We are on the roofs of buildings:
We provide concrete solutions to enhance your new real estate by creating islands of freshness, food security and biodiversity.

The Secret Society (TSS) is a groundbreaking platform that has revolutionized the influencer and blogger industry. Founded by Romain Fourel, TSS was introduced to the market in Dubai in 2016, and for the last seven years, it has solidified its position as the premier influencer federating platform in the GCC region, garnering immense success and recognition. Through its innovative approach and cutting-edge strategies, TSS has effectively become a dominant force in the industry, establishing a de facto monopoly framework scenario. By bringing together a diverse community of influential individuals, TSS has created a powerful network that facilitates collaborations, partnerships, and brand promotions on an unprecedented scale. The platform's unique features and comprehensive services have propelled it to the forefront of the influencer and blogger landscape. TSS's ability to connect brands with the most relevant and impactful influencers has been instrumental in driving successful marketing campaigns and delivering tangible results. As a result, it has become the go-to platform for both brands and influencers seeking to maximize their reach and impact. With its strong market presence and unparalleled influence, TSS has transformed the way influencer and blogger collaborations are conducted. By providing a centralized hub for industry professionals to connect, collaborate, and thrive, TSS has not only disrupted the market but also established itself as the go-to platform for anyone looking to make a significant impact in the influencer industry.
Moving forward, TSS will continue to shape the industry landscape, leveraging its monopoly position to further expand its offerings, drive innovation, and provide unparalleled opportunities for influencers, bloggers, and brands alike. As the industry leader, TSS remains committed to empowering its members and revolutionizing the influencer and blogger industry for years to come. Currently featuring over 65,000 members on its platform, TSS has over 850 active clients in Dubai and Abu Dhabi. TSS is now ready to take on the world.

The Secret Society (TSS) is a groundbreaking platform that has revolutionized the influencer and blogger industry. Founded by Romain Fourel, TSS was introduced to the market in Dubai in 2016, and for the last seven years, it has solidified its position as the premier influencer federating platform in the GCC region, garnering immense success and recognition. Through its innovative approach and cutting-edge strategies, TSS has effectively become a dominant force in the industry, establishing a de facto monopoly framework scenario. By bringing together a diverse community of influential individuals, TSS has created a powerful network that facilitates collaborations, partnerships, and brand promotions on an unprecedented scale. The platform's unique features and comprehensive services have propelled it to the forefront of the influencer and blogger landscape. TSS's ability to connect brands with the most relevant and impactful influencers has been instrumental in driving successful marketing campaigns and delivering tangible results. As a result, it has become the go-to platform for both brands and influencers seeking to maximize their reach and impact. With its strong market presence and unparalleled influence, TSS has transformed the way influencer and blogger collaborations are conducted. By providing a centralized hub for industry professionals to connect, collaborate, and thrive, TSS has not only disrupted the market but also established itself as the go-to platform for anyone looking to make a significant impact in the influencer industry.
Moving forward, TSS will continue to shape the industry landscape, leveraging its monopoly position to further expand its offerings, drive innovation, and provide unparalleled opportunities for influencers, bloggers, and brands alike. As the industry leader, TSS remains committed to empowering its members and revolutionizing the influencer and blogger industry for years to come. Currently featuring over 65,000 members on its platform, TSS has over 850 active clients in Dubai and Abu Dhabi. TSS is now ready to take on the world.

Founded more than 20 years ago, TrustConsult assists private and corporate clients in the incorporation and management of international companies. The group offers many services such as assistance in the administration or operation of companies, foundations or other similar foreign structures with a legal existence, trusts, as well as civil companies under Monegasque law. TrustConsult is present in Luxembourg, Brussels, Geneva, Hong Kong, Dubai and Monaco, thus guaranteeing a real international presence.

Founded more than 20 years ago, TrustConsult assists private and corporate clients in the incorporation and management of international companies. The group offers many services such as assistance in the administration or operation of companies, foundations or other similar foreign structures with a legal existence, trusts, as well as civil companies under Monegasque law. TrustConsult is present in Luxembourg, Brussels, Geneva, Hong Kong, Dubai and Monaco, thus guaranteeing a real international presence.

WES offers the right solution for :

WES offers the right solution for :
MONACO ECONOMIC BOARD
2, rue de la Lüjerneta - BP 653
98013 Monaco Cedex
+377 97 98 68 68
www.meb.mc
info@meb.mc
Transit: 3h30
ADRESS : Airport Road, King Khalid International Airport, Riyadh, Saudi Arabia
ADRESS : Al-Hada Quarter, Abdullah bin Huzafah, rue Al-Sahmi - Riyadh, 64819
The presentations will be held in one of the hotel’s meeting rooms
ADDRESS : Imam Saud bin Abdul Aziz bin Mohammed Road, An Nakheel, Riyadh 12382, Saudi Arabia
ADRESS : Imam Saud bin Abdul Aziz bin Mohammed Road, An Nakheel, Riyadh 12382, Saudi Arabia
ADDRESS : 8712 Prince Abdulaziz Ibn Musaid Ibn Jalawi St، 4237،, Riyadh 12223, Arabie saoudite
ADRESS : Al Murabba, 12626, Riyadh, Saudi Arabia.
ADDRESS : Cultural Palace, Diplomatic Quarter, Riyadh
ADDRESS : Al Hameid، Riyadh 13385, Arabie saoudite
ADRESS : Wadi Hanifah, Al Traif, Diriyah 13711, Arabie saoudite
ADRESS : Prince Satam Bin Abdulaziz, Al Diriyah, Diriyah 13711, Saudi Arabia.
ADRESS : 6781 Abdullah AlSahmi Street, Diplomatic Quarter, Riyadh, Saudi Arabia, 12511
→ Transit: 5h45
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Mathern Luc Chief Development Officer
l.mathern@misk.org.sa
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Rabah Aboubakr Senior Manager
aboubakr.rabah@pwc.com
www.pwc.com
AlDaghither Yaarub F.
France Office Director
Investor Outreach Deputyship
yaldaghither@misa.gov.sa
Alsaadi Majed H.
Local Office Executive Director
Investor Outreach Deputyship
MAlsaadi@misa.gov.sa
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Buelow Andreas Partner - Middle East team
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www.adlittle.com/en
Coupland Neal Marketing Director
neal.coupland@neom.com
www.neom.com/fr-fr/regions/theline
Al-Ajmi Mansour Director of Internation Cooperation Dept.
ajmim@rdcci.org.sa
www.chamber.sa/en/
Al Orainan Waleed Acting Secretary General of the Federation of Saudi Chambers
walorainan@fsc.org.sa
fsc.org.sa/?lang=en
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EVALUATION DES RISQUES PAYS: A4
ENVIRONNEMENT DES AFFAIRES: B
| 2020 | 2021 | 2022 | 2023(e) | 2024(p) | |
| Croissance PIB (%) | -4,3 | 3,9 | 8,7 | 0,8 | 3,5 |
| Inflation (moyenne annuelle, %) | 3,4 | 3,1 | 2,5 | 3,0 | 2,5 |
| Solde publique / PIB (%) | -10,7 | -2,3 | 2,5 | -2,5 | -1,5 |
| Solde courant / PIB (%) | -3,1 | 5,1 | 13,8 | 6,5 | 8,0 |
| Dette publique / PIB (%) | 31,0 | 28,8 | 22,6 | 24,0 | 25,0 |
(e) : Estimation (p) : Prévision
Après le ralentissement de 2023 dû à l'effet de base défavorable, aux réductions de la production pétrolière et à la baisse des prix de l'énergie, la croissance saoudienne devrait augmenter en 2024, principalement grâce à l'investissement et à la consommation privée. La baisse de l'inflation et l'augmentation des recettes touristiques soutiendront la consommation privée (40 % du PIB). Les recettes touristiques devraient atteindre 26 milliards USD en 2024, soit environ 3,5 % du PIB. L'investissement (environ 30 % du PIB) sera mené par le gouvernement afin de réaliser son ambitieux plan Vision 2030, y compris l'expansion du secteur manufacturier et les grands projets (c'est-à-dire le développement de six grands projets d'une valeur de 7 000 milliards USD, comme le projet de la mer Rouge, Neom, Amaala, Qiddiya, qui visent principalement à établir des centres de tourisme, de divertissement et de technologie, etc.) Le gouvernement vise à attirer davantage d'investissements privés, tant nationaux qu'étrangers, par le biais de la privatisation et de partenariats. On s'attend à une augmentation des investissements étrangers après que le gouvernement a annoncé en 2021 qu'il ne travaillerait plus avec les entreprises étrangères dont le siège régional n'est pas situé dans le Royaume après 2023. À la suite de l'annonce de l'OPEP+ en juin 2023 sur l'extension des réductions de production jusqu'à la fin de 2024, les responsables saoudiens ont confirmé début septembre 2023 une extension de leur réduction volontaire de la production de pétrole de 1 million de barils par jour jusqu'à la fin de 2023. La production pétrolière de l'Arabie saoudite devrait augmenter d'environ 3 % en 2024 sur une base annuelle, après avoir chuté de près de 7 % en 2023. Cela permettra de maintenir la contribution des exportations nettes à la croissance. Cependant, la croissance des importations devrait également s'accélérer par rapport à la période précédente, conformément aux plans d'infrastructure du Royaume qui créent une demande d'importation de biens d'équipement, de matières premières et de machines. Cependant, les efforts de diversification du gouvernement augmenteront les exportations non pétrolières, même si elles partent d'un niveau peu élevé. L'inflation diminuera, mais restera supérieure à la moyenne de 2 % pour la période 2010-2022, en raison de la forte demande de logements et de l'afflux de touristes.
Le budget restera déficitaire en 2024 suite à la baisse de la production pétrolière en 2023, qui devrait avoir augmenté le prix d'équilibre budgétaire du Royaume à 89 USD par baril en 2023 selon l'Institut de la finance internationale (IIF). Les risques qui pèsent sur cette prévision sont à la hausse et dépendent de toute nouvelle réduction de la production de pétrole. Par conséquent, les recettes pétrolières resteront proches de 16 % du PIB en 2024, contre 21 % en 2022. Cette baisse compensera partiellement l'amélioration des recettes non pétrolières, estimée à environ 10 % du PIB en 2024. Le gouvernement poursuivra ses efforts de maîtrise des dépenses budgétaires en réduisant les dépenses de subvention et les dépenses d'investissement en s'appuyant sur le fonds souverain. Toutefois, la masse salariale du secteur public (environ 40-45 % des dépenses budgétaires totales) sera un élément clé de la réduction du déficit budgétaire. Le gouvernement devrait également diversifier ses sources de revenus en élargissant son portefeuille et ses investissements à l'étranger. Les autorités visent à porter la valeur des actifs du PIF à 1 000 milliards d'USD en 2025 et entre 2 et 3 000 milliards d'USD d'ici 2030.
Les réserves internationales du Royaume (440 milliards USD au premier trimestre 2023, soit l'équivalent d'environ 20 mois d'importations) et la valeur nette de 700 milliards USD estimée dans son fonds souverain (Fonds d'investissement public) permettront au pays d'honorer facilement ses obligations en matière de dette libellée en devises et de maintenir facilement l'ancrage au dollar américain.
La faible croissance des exportations due aux réductions de la production pétrolière (estimée à 75 % des exportations totales de marchandises en 2023), comparée à une demande d'importations plus rapide en raison des efforts de diversification, continuera à peser sur l'excédent du compte courant. Les principales sources de financement de la diversification resteront le Fonds d'investissement public (FIP) et les investissements étrangers, qui totaliseront 640 milliards USD en 2022, soit près de 60 % du PIB, dont 42 % d'investissements directs étrangers.
Malgré la concurrence régionale à long terme entre l'Iran et l'Arabie saoudite, les deux pays ont décidé de rétablir leurs relations au début de l'année 2023 dans le cadre d'un accord négocié par la Chine. Bien qu'il s'agisse d'une évolution positive pour la stabilité régionale, les deux pays continueront à poursuivre des stratégies géopolitiques et religieuses divergentes. Par conséquent, leur réconciliation ne pourra se faire que très progressivement. En outre, les relations de l'Arabie saoudite avec la Chine, premier acheteur de pétrole saoudien et important fournisseur de biens d'équipement dont le Royaume a grand besoin, devraient s'intensifier. Bien que ces deux situations mettent à mal les relations avec Israël et les États-Unis, ces derniers resteront un allié proche de l'Arabie saoudite, en particulier sur les questions de sécurité, et les relations avec les premiers pourraient s'améliorer. Par ailleurs, la mise en place d'un corridor économique entre l'Inde, l'Arabie saoudite et l'Europe, pour lequel un protocole d'accord a été signé en septembre 2023, pourrait également apporter des avantages stratégiques et économiques au Royaume. D'autre part, la concurrence économique croissante entre les Émirats arabes unis et l'Arabie saoudite pour attirer davantage d'investissements étrangers augmente le risque de fissures au sein de l'OPEP. Toutefois, l'engagement du prince héritier Mohammad bin Salman en faveur du programme de diversification économique et des investissements étrangers devrait susciter une concurrence saine. Enfin, l'amélioration des liens avec la Turquie pourrait créer certaines opportunités, le Royaume cherchant à bénéficier du savoir-faire turc dans des domaines tels que le logement, les infrastructures et l'ingénierie dans le cadre du programme Vision 2030. Bien que la politique étrangère de l'Arabie saoudite innove, sa relation stratégique avec les États-Unis devrait rester solide.
Dernière mise à jour : Novembre 2023
Source: COFACE
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