announced the cancellation of US President Donald Trump's first trip to Latin America, scheduled for later this week, saying he wants to "oversee the American response to Syria".
Human rights groups have accused Saudi Arabia of targeting civilians with airstrikes. In total, $9 billion will be invested, the companies said.
On Monday, Saudi Arabia and France signed agreements over cultural and artistic co-operation that include training for Saudi filmmakers and plans for the National Opera of Paris to help the Saudis create a national orchestra.
The kingdom also revealed that it would enter short films at the Cannes film festival next month.