Mohammed Ben Salmane — Portrait © European-security
Hedy Belhassine

Macron and Ben Salman’s Amusement Park

There are meetings at the Élysée that make less noise than they should, and others that make a great deal of noise for, in the end, not very much — or rather, for something else entirely. Saudi Crown Prince Mohammed Bin Salman’s visit to Paris falls squarely into that second category, and Hedy Belhassine takes visible delight in picking it apart.

On paper, the story of the day was a €6 billion leisure park in Cergy-Pontoise, presented with great fanfare by the President as the biggest deal since Disneyland Paris. In substance, some twenty agreements were signed that day — and curiously, it was the sole manga-and-video-game project that made headlines, while Israel’s recognition conditioned on a Palestinian state, the Iranian and Yemeni threat to the Kingdom, the Turkish-Pakistani-Saudi defence pact, and the near-rupture in Riyadh-Abu Dhabi relations all slipped completely under the radar.

Belhassine doesn’t stop there: he digs up a forgotten ghost, that of Gaith Pharaon — a colourful Saudi financier who, in the 1980s, already owned a 55-hectare plot in… Cergy-Pontoise, where he had built an amusement park, Mirapolis, liquidated two years after its inauguration by Jacques Chirac. A curse that may well repeat itself — unless, as the author suggests between the lines, the real strategic project lies elsewhere: in a certain “Prometheus Plan,” priced at €620 billion.

Hold on tight — the irony here is wielded like a blade.

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Le tableau de bord des horloges : production, R&D, déploiement, maintenance — piloter simultanément plusieurs temporalités, l’enjeu central d’une BITD moderne — Illustration IA © European-Security
Jérôme Denariez

A Defense Industrial Base, Several Clocks

Debates about the war economy are often reduced to a question of volume: how many shells, drones, armored vehicles, billions? This reading is necessary, but insufficient. The war in Ukraine shows that a defense industrial base does not run on a single rhythm. It must simultaneously maintain platforms designed to last decades, mass-produce consumable equipment, modify systems within weeks, replace an unavailable supplier, finance ramp-ups in output, and keep producing even as its own industrial depth becomes a target.

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Il ne s’agit pas de sauver le soldat Trump, mais de défendre l’Europe — Photo © European Security
Admiral Christian Gérard

The Strait of Hormuz Reopened?

The renewed American military offensive against Iran resumed in February 2026, following the twelve-day war launched by Israel in June 2025. The last two months have been marked by geostrategic uncertainty — mutual threats of destruction, legal claims, bombardments in the Gulf, clashes in the strait, a ceasefire agreed and swiftly denounced. Yet an uncertain and unstable status quo now appears to have settled in between Iran and the United States, particularly regarding the Strait of Hormuz, as well as the conflict’s other stakes, with each side firmly holding its positions and claims.

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Le 54ème Salon du Bourget, du 19 au 25 juin 2023
Jérôme Denariez

The Price France Pays Three Times

France is not at war. Yet it is already paying the bill: costlier energy, disrupted supply chains, public finances under strain. Jérôme Denariez makes the case without detours — war is written into the accounts […]
Jérôme Denariez — Photo © DR
Jérôme Denariez

Hormuz: The Return of Reality

In his striking first essay, Clausewitz at Hormuz: The Impossible Memorandum, Jérôme Denariez immersed us in the intricacies of an absurd diplomacy, demonstrating the impossibility of drafting a rational compromise when the logic of pure […]
Les Russes guident les missiles iraniens : le Qatar 1er visé pour favoiriser le GNL russe — Photo © Euorpen-Security
Françoise Thom

Europe Put to the Test

On May 27 and 28, an informal meeting of EU foreign ministers was held in Cyprus. Among other things, they discussed the possibility of resuming dialogue with Russia as part of efforts to resolve the […]
Vice-amiral (2s) Christian Girard - Photo © DR
Admiral Christian Gérard

Should We Save Soldier Trump? (2)

In his hard-hitting first analysis, Admiral Christian Girard delivered an uncompromising assessment of the realities surrounding the Hormuz blockade. This led to three major conclusions: the blatant failure of the American security umbrella prompting a […]