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Wednesday, February 11, 2015

French Rafale fighter jet sale to Egypt 'imminent': source

Dassault RafaleFrance is close to selling Dassault Aviation-built Rafale fighter jets to Egypt, sources close to the matter said on Tuesday, as Cairo looks to upgrade its military hardware over fears the crisis in neighboring Libya could spill over.

France and Egypt have been negotiating since a November state visit by Egyptian President Abdel Fattah al-Sisi over 24 Rafale jets, a Fremm naval frigate and MBDA air-to-air missiles in a deal worth 5 billion to 6 billion euros ($5.65-$6.78 billion), two industrial sources told Reuters last week.

"It's imminent. For me the signature is certain," a French source told Reuters on Tuesday.

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