France signs weapons mega-deal with UAE as Macron tours Gulf

French President Emmanuel Macron (left) is greeted by Abu Dhabi’s Crown Prince Mohammed bin Zayed al-Nahyan at the Dubai Expo on the first day of his Gulf tour on Friday. Pic/AFP

France announced the signing Friday of a 16 billion-euro (USD 18 billion) armaments mega-contract for the sale of 80 of its upgraded Rafale warplanes to the United Arab Emirates.

The French Defense Ministry said the deal was France's largest-ever weapons contract for export. It came as French President Emmanuel Macron is in the Emirates on the first stop of a two-day visit to the Persian Gulf. There was no immediate confirmation of the signing from Emirati officials.

Manufacturer Dassault Aviation said the UAE is buying the upgraded F4 version of its multi-role combat aircraft. That will make the Emirates Air Force the first Rafale F4 user outside of France, it said.

The deal offers a shot in the arm for France's defense industry after the collapse of a USD 66 billion contract for Australia to buy 12 French submarines.

Dassault Aviation boss Eric Trappier called the sale "a French success story" and "excellent news for France and for its aeronautical industry."

The purchase marks a sizeable step up for the UAE's military capabilities in the oil- and gas-rich region. Charles Forrester, a senior analyst at Janes, said the fighter "will significantly upgrade UAE's airpower capabilities in terms of strike, air-to-air warfare, and reconnaissance."

USD 18 billion
The worth of the armaments mega-contract

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever