France and Saudi Arabia Agree on Joint Projects in Energy, AI and Infrastructure

During the Crown Prince’s Paris stop, France and Saudi Arabia sealed a series of agreements targeting large‑scale projects. Key initiatives include a joint renewable‑energy fund, collaborative research on artificial intelligence, and a multi‑billion‑dollar smart‑grid rollout across Saudi cities. Both governments described the deals as “mission‑critical” for meeting climate goals and diversifying economic bases. The agreements also encompass the upcoming European Union‑UAE‑Saudi summit, where the two nations plan to showcase a pilot autonomous‑vehicle program. Macron emphasized that these projects are not merely symbolic; they will be backed by concrete financing, technology transfer, and joint governance structures. The Crown Prince reiterated Saudi Arabia’s intent to become a hub for advanced technology, leveraging French expertise to accelerate domestic capabilities.