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2026-08-25T08:04:34.000Z

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Saudi Arabia and France expand cooperation with major deals

Saudi Arabia and France expand cooperation with major deals

Saudi and French relations have experienced significant strengthening through the signing of a broad range of agreements in the fields of finance, energy, industry, aviation, health, and artificial intelligence. This took place during the French-Saudi roundtable meeting and the joint investment forum. An agreement was signed to finance exports worth up to $5 billion to support infrastructure projects and healthcare, along with an agreement to develop the electricity grid valued at up to $3 billion. Additionally, Saudi Aramco finalized agreements worth $3.7 billion to purchase energy materials and a memorandum of understanding with Dassault Systèmes to enhance cooperation in artificial intelligence and digital twins. The partnerships expanded to include funding for aviation, healthcare, tourism, and culture, with the partnership in Al-Ula extended with France until 2035. French direct investments in Saudi Arabia reached €16.3 billion. Trade exchanges between the two countries increased to approximately $12 billion in 2025, further strengthening economic collaboration and consolidating bilateral relations.

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