Egypt, France to sign batch of military, economic deals Saturday
French Prime Minister Manuel Valls
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CAIRO: President Abdel Fatah al-Sisi will attend ceremony of signing a new number of agreements between Egypt and France Saturday, according to a statement from the Presidential office Thursday.

French Prime Minister Manuel Valls and Minister of Defense Jean-Yves Le Drian will arrive in Cairo Saturday to sign batch of economic and defense agreements, said the French embassy in Cairo in a statement Wednesday.

During his visit, Valls is scheduled to inaugurate a new headquarters for the Lycee Francais School in Heliopolis, the statement added.

Both countries have been in negotiation since Oct. 1 over a deal to purchase “a number of NH90 medium helicopters,” the U.S. Avian Magazine AIN Online reported Monday, adding that the Saudi Arabia could be funding the new deal.

The bilateral relations, particularly military, between both countries have been strengthened during Siis’s term. The French government announced Sept. 23 that Egypt will buy Mistral-class warships; the second largest deal between both countries.

In June, Egypt’s Ministry of Defense signed a deal with French company Segma to deliver armament air-sol modular (AASM) Hammer air-to-ground missiles for the country’s air force.

Egypt will buy four naval corvettes from France for 1 billion Euros ($1.1 billion), an anonymous French official told AFP on July 26. On April 16, DCNS announced that it has started to construct the first Gowind corvette to Egypt in the modern naval shipyard of Lorient. The four vessels; France’s most advanced naval equipments, are scheduled to be delivered to Egypt by 2019, while the first corvette will be delivered by 2017.

On Feb. 16, Egypt signed a deal with French Dassault Aviation to buy 24 Rafale fighter jets that participated in the 6 August inauguration of New Suez Canal that attended by French President François Hollande.

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Comments

  1. La majorité (?) silencieuse
    October 15, 2015 at 10:13 pm

    Segma or Sagem?

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