RSGT, CMA CGM Sign $434 Million Deal to Expand Jeddah Port
Saudi Arabia’s Red Sea Gateway Terminal (RSGT) and France’s CMA CGM Group have signed definitive agreements to jointly develop and operate Terminal 4 at Jeddah Islamic Port, marking a major investment in the Kingdom’s maritime and logistics infrastructure. The project involves an initial investment of approximately $434 million, or SAR 1.6 billion, and is expected […]
France–Saudi $7bn theme park deal: A geopolitical wager on entertainment, investment and image
France and Saudi Arabia signed an agreement for a new theme park complex in Cergy-Pontoise, northwest of Paris, worth $7 billion through a joint project initiated by Qiddiya Investment Company. The agreement signed on 24 August 2026 when Saudi crown prince, Mohammed bin Salman visited Paris, is one of the biggest foreign direct investments in […]
