 Saudi Arabia, UAE finance Egypt $2bn arms deal with Russia February 10, 2014 - 14:28 AMT PanARMENIAN.Net - Egypt has concluded a UAE- and Saudi Arabia-financed arms deal with Russia worth of $2 billion, a senior official said, noting that the Egyptian and Russian sides agreed on all details related to the agreement over the past weeks. As Egypt Independent reports, the source, who asked not to be named, said the two gulf kingdoms played a vital role in sealing the deal. The official revealed that the first tranche of Russian weapons to Egypt will be delivered before mid 2014.The delivery and payments will both be phased, he explained. In mid November 2013, Russia declared receiving an Egyptian offer to buy advanced defense systems, military helicopters, MiG 29 aircrafts and anti-tank missiles all worth of $2 billion. Saudi Arabia and UAE, along with Kuwait, have been Egypt's top Arab financiers following the overthrow of president Mohammed Morsi with financial and in-kind aid worth of $12 billion. Related links:   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
