OSS 117: Cairo, Nest of Spies
(2006)

OSS 117’s old partner Jefferson is the villain. (OSS 117 is frequently shown having extremely homoerotic memories of the two of them, but Jefferson remembers being bullied.)

OSS 117 is saved by Larima and the two of them kill Jefferson, the radical imam, and the princess, and then blow up the shipment of arms.

Thanks Jon S!