UAE, France seal energy, AI deals

Ministers and business leaders from the UAE and France discussed opportunities to expand bilateral investment and technological cooperation.

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and French President Emmanuel Macron witnessed the signing of several memoranda of understanding (MoUs) and contracts between Emirati and French institutions and companies in energy, artificial intelligence (AI) and advanced technology during the UAE-France Business Dialogue held today in Abu Dhabi.

According to a government statement, the agreements included three MoUs with French company AMI Labs, signed by Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), G42 and Analog, aimed at strengthening cooperation in research and development, cloud computing infrastructure, AI models and robotics applications.

In the energy sector, ADNOC Gas signed an MoU with Schneider Electric to assess advanced technologies and opportunities to improve operational efficiency, while ADNOC Refining signed two contracts with Technip Energies relating to a refining capacity enhancement project and a sustainable aviation fuel project.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan affirmed that the strategic partnership between the UAE and France continues to evolve in line with global developments, highlighting the importance of strengthening cooperation to ensure energy security and sustainability, build resilient supply chains and deepen collaboration in AI and advanced technology.

He noted that the business dialogue provides an opportunity to translate shared priorities into strategic investments and major projects in sectors that will shape the economies of tomorrow.

The dialogue also addressed existing investment partnerships between the two countries, including the Campus AI initiative in France, which brings together MGX with French and international partners to develop advanced computing and AI infrastructure, alongside G42's investments in advanced computing infrastructure.

Participants also discussed opportunities to expand cooperation in liquefied natural gas (LNG), energy infrastructure, low-emission solutions and renewable energy projects, with ministers and business leaders from both countries taking part.