Saudi Arabia and France sign 21 deals in Paris
During Crown Prince Mohammed bin Salman's visit to Paris, Saudi Arabia and France signed 21 agreements and memoranda of understanding across various fields, including energy, media, transportation, health, culture, and technology, with the aim of strengthening economic and investment cooperation between the two countries. Among the most prominent agreements are the establishment of a financial framework to support French projects in Saudi Arabia, the development of entertainment parks worth 6 billion euros in the Île-de-France region, and a credit line of 5 billion dollars to finance contracts for French companies in infrastructure, urban development, and transportation. The agreements also included financing for oil and technology projects, the supply of trains, and port development works. These efforts aim to enhance investment and economic partnership and expand collaboration in artificial intelligence and emerging technologies.
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