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Monday, May 25, 2009

French Jet Deal Ahead Of Sarkozy UAE Visit

RafaleThe French aircraft manufacturer Dassault is finalizing a deal to sell 60 of its Rafael fighter jets to the United Arab Emirates (UAE) ahead of a visit by French President Nicolas Sarkozy to Abu Dhabi, the capital of the UAE on Monday and Tuesday.

The deal is estimated to be worth $8-11 billion, and if it goes through, the UAE will be the first foreign buyer of the plane.

"The deal comes as compensation to the French after they failed to sell 80 planes to Saudi Arabia three years ago," defense analyst Brig.-Gen. Musa Qallab (ret.) told The Media Line.

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