Close Menu
NCIJ Network NCIJ Network
    What's Hot

    Scammers target hundreds of thousands of crypto owners after Trezor confirms data breach of email provider

    September 13, 2026

    ESMA Flags Crypto Spillover, Prediction Market Risks

    September 13, 2026

    Think of the parable of a frog in boiling water. That’s us dithering as the ‘unprecedented‘ weather becomes more extreme | Helen Pilcher

    September 13, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Scammers target hundreds of thousands of crypto owners after Trezor confirms data breach of email provider
    • ESMA Flags Crypto Spillover, Prediction Market Risks
    • Think of the parable of a frog in boiling water. That’s us dithering as the ‘unprecedented‘ weather becomes more extreme | Helen Pilcher
    • Tesco alerts police as supermarket becomes latest victim of scam ‘endorsement’ ads | Scams
    • Matt Mullenweg tells (trolls?) Automattic staff, saying he’s back in control after CEO ouster
    • GTA Mod Adds Flock Cameras—And Lets Players Destroy Them
    • 1,400 Yemenis flee to Djibouti within 24 hours | Refugees News
    • Central Eurasia names its 2026 Road to Battlefield winners: Cerberus, WeGlobal AI, and LOOQ
    • About
      • Our Team
      • Editorial Policy
      • Editorial Independence
      • International Support
    • Trust & Standards
      • AI Usage Policy
      • Conflict of Interest Policy
      • Corrections Policy
      • Ethics Policy
      • Fact-Checking Policy
      • Source Protection
    • Get Involved
      • Guide for Sources
      • Support Independent Journalism
    • Legal
      • Cookie Policy
      • Privacy Policy
      • Terms of Use
    Facebook X (Twitter) Instagram
    NCIJ Network NCIJ Network
    Sunday, September 13
    • Home
    • World
    • Ai
    • Business
    • Politics
    • Health
    • Crypto
    • Science
    • Technology
    • Cybersecurity
    • Defense & Security
    • Economy
    • Energy
    • Europe
    • More
      • Fact Check
      • Investigations
      • Opinion & Analysis
      • Environment
    NCIJ Network NCIJ Network
    Home»World

    Saudi Arabia’s MBS visits Macron in France: What to expect | Business and Economy News

    NCIJ NETWNCIJ NETWORKBy NCIJ NETWNCIJ NETWORKAugust 24, 2026 World No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Saudi Arabia’s Crown Prince, Mohammed bin Salman, (MBS), is on the second day of his two-day state visit to France, where he’s meeting President Emmanuel Macron.

    In this explainer, we outline what they are expected to discuss and examine how their latest meetings build on an already evolving relationship.

    What is on the agenda?

    MBS’s visit to Paris began on Sunday evening alongside President Macron at the closing ceremony of the Esports World Cup. It was the first time the Esports tournament, which includes competitions ranging from video games to chess, had been held outside Saudi Arabia.

    On Monday, Macron and Bin Salman are expected to sign several agreements on health, transport and energy.

    French media reported that a deal to build a Dragon Ball-themed amusement park, backed by a Saudi investment fund and inspired by the iconic Japanese manga series, could be signed.

    Valerie Pecresse, President of the Regional Council of Île-de-France in Greater Paris, told French broadcaster TF1 that the regional government had been working on the project for 18 months.

    “There is a very important meeting at the Elysee today that may result in the signing of this agreement. We are waiting for the signature,” she said, describing the project as “on the scale of Disneyland”.

    Bin Salman and Macron are also holding bilateral discussions on regional security and their economic ties.

    That is expected to include discussions about energy routes that bypass the Strait of Hormuz, such as new pipelines, capacity upgrades and alternative port networks.

    France is a major buyer of Saudi oil and mineral products.

    Since the start of the US-Israeli war on Iran on February 28, shipping has been severely disrupted in the Strait of Hormuz – the vital waterway on which oil exporters in the Gulf are heavily reliant and where 20 percent of the world’s oil and natural gas supplies are shipped from during peacetime. The disruption sent oil prices soaring.

    Before the war, a barrel of Brent crude – the global benchmark – cost about $66. Over the course of the conflict, prices have climbed above $100 – hitting a high of $119 early on in the war.

    On Monday, Brent was trading around $93 a barrel.

    Bin Salman and Macron are also expected to discuss the war in Iran, the bloodshed in Palestine, as well as developments in Syria and Lebanon, where Israel occupies around one-fifth of its territory.

    Other expected topics on Monday’s agenda include global events that Saudi Arabia is set to host in the coming years, including Expo 2030, focusing on sustainability and urban innovation, and the 2034 football World Cup.

    How much trade does Saudi Arabia do with France?

    The two countries have a fairly equal trading balance.

    In 2024, France exported $4.5bn worth of goods to Saudi Arabia and imported $4.6bn worth, according to data from the Observatory of Economic Complexity (OEC), an online platform that compiles and visualises international trade statistics.

    Refined petroleum accounted for 72 percent of Saudi Arabia’s exports to France in 2024. Besides refined petroleum, Saudi Arabia exported crude petroleum and other mineral products to France. It also exported small amounts of machinery, chemicals and cars.

    France’s exports to Saudi Arabia in 2024 were more diverse, including airliners, helicopters, gas turbines, pharmaceutical products and perfume, among other products.

    (Al Jazeera)

    What have relations between Saudi Arabia and France been like?

    Sunday’s visit marked the third time MBS has visited France after trips in 2022 and 2023.

    In December 2024, Macron visited Riyadh, where the two countries founded the Saudi-French Strategic Partnership Council, which formalised and upgraded political and economic ties between Saudi Arabia and France.

    The current visit is also MBS’s first international trip since the August 7 signing of the Mecca Joint Defence Agreement, known as the Mecca pact – the mutual defence agreement between Saudi Arabia, Turkiye and Pakistan.

    Signed by the prince, Turkiye’s President, Recep Tayyip Erdogan, and Pakistan’s Prime Minister, Shehbaz Sharif, the agreement commits all three states to treat an armed attack on any one of them as an attack on all three.

    Analysts say the pact shows that Saudi Arabia is taking steps to diversify its security partnerships beyond Washington.

    Arabias business Economy expect France Macron MBS News Saudi visits
    NCIJ NETWNCIJ NETWORK
    • Website

    Keep Reading

    Tesco alerts police as supermarket becomes latest victim of scam ‘endorsement’ ads | Scams

    1,400 Yemenis flee to Djibouti within 24 hours | Refugees News

    They lost their jobs after posting about Charlie Kirk, but some have no regrets

    The battle to save the dying heart of rural France: the village bistro | France

    Iraq seizes drone-launching platform used for targeting Saudi oil pipeline | US-Israel war on Iran News

    Céline Dion makes historic Paris comeback, six years after last tour

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Scammers target hundreds of thousands of crypto owners after Trezor confirms data breach of email provider

    September 13, 2026

    ESMA Flags Crypto Spillover, Prediction Market Risks

    September 13, 2026

    Think of the parable of a frog in boiling water. That’s us dithering as the ‘unprecedented‘ weather becomes more extreme | Helen Pilcher

    September 13, 2026

    Tesco alerts police as supermarket becomes latest victim of scam ‘endorsement’ ads | Scams

    September 13, 2026
    Latest Posts

    Washington’s Badger Mountain Solar Project Canceled by Developer — ProPublica

    August 3, 2026

    Rejected Wisconsin data center proposal had guaranteed tax revenue, housing

    August 3, 2026

    EIG’s MidOcean Energy lines up new investment as NYK spreads its LNG wings

    August 3, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    NCIJ Network is an independent digital news platform delivering trusted investigative journalism, European and global news, in-depth analysis, and fact-based reporting with accuracy, transparency, and integrity.

    Facebook X (Twitter) Instagram Pinterest YouTube

    Scammers target hundreds of thousands of crypto owners after Trezor confirms data breach of email provider

    September 13, 2026

    ESMA Flags Crypto Spillover, Prediction Market Risks

    September 13, 2026

    Think of the parable of a frog in boiling water. That’s us dithering as the ‘unprecedented‘ weather becomes more extreme | Helen Pilcher

    September 13, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Type above and press Enter to search. Press Esc to cancel.