Saudi Arabia and Italy are deepening their economic relationship more rapidly than ever before. During the Italy–Saudi Arabia Business Forum in Riyadh, both nations signed multiple agreements aimed at boosting cooperation in investment, infrastructure, and technology. The event marks a major step in bilateral relations as Italy seeks stronger partnerships in the Gulf and Saudi Arabia accelerates its Vision 2030 strategy of economic diversification.
The forum resulted in partnerships across energy, defense, infrastructure, and innovation. Italian companies expressed interest in contributing to Saudi Arabia’s massive development projects, from sustainable cities to industrial complexes.
Italian officials highlighted the strategic value of Saudi Arabia as a gateway to new markets, emphasizing a shared vision for innovation and sustainability. Saudi leaders noted Italy’s technical expertise and its potential to contribute to the Kingdom’s modernization.
“This is a new chapter in our relations,” an Italian trade delegate commented during the event, describing the deals as “a bridge between Europe and the Gulf.”
The forum reflects Riyadh’s ongoing effort to diversify partnerships beyond traditional allies. Italy, for its part, seeks to enhance its presence in the Middle East, aligning business objectives with Saudi Arabia’s transformation agenda. Both governments plan to hold follow-up meetings in 2026 to monitor progress and expand cooperation to new sectors.
Author Summary:
The Riyadh Forum marked a turning point in Italy–Saudi Arabia cooperation, sealing key deals in energy, infrastructure, and technology to strengthen long-term economic and diplomatic ties.