Crown Prince Visit to France Finalized with $13.7B in Deals
The visit of Saudi Crown Prince Mohammed bin Salman to France culminated in the signing of 21 agreements and memoranda of understanding with a total value exceeding $13.7 billion, aimed at strengthening cooperation in investment, energy, transportation, artificial intelligence, and defense collaboration, in addition to developing Al-Ula Governorate by 2035. The two sides also signed agreements including contracts worth $3.7 billion for the oil and gas sector, an investment of nearly €6 billion to develop an entertainment and cultural destination in France, as well as financial facilitation in electricity and infrastructure sectors, and enhanced partnerships in military and technological fields to support regional stability and security.
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