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Saudi and France sign contracts worth 10 billion euros

Published: Updated:

In Riyadh, the Custodian of the Two Holy Mosques King Salman Bin Abdul Aziz held today a session of official talks with French Prime Minister Manuel Valls. And during the session, bilateral relations were tackled between the two countries, in addition to discussing the developments in the region.

Saudi Arabia has signed agreements with France, with a total value of ten billion euros. The agreements include the establishment of a Saudi investment fund to invest two billion euros in France, as well as setting up a center for marine research, in addition to an industrial complex in France.

The agreements also include training in King Fahd Medical City. These deals come on the sidelines of the visit of French Prime Minister Manuel Valls to Saudi Arabia, and which also coincides with the convening of the Saudi-French Business Forum in Riyadh.