Egypt May Buy Additional French Rafales, Satellites, Ships

[The SC]

July 6, 2020

Egypt is mulling over purchasing Rafale combat jets, missiles, and satellites from France and Russian.

Owing to Egypt's interference in the eastern Mediterranean and in Libya, Cairo has entered into negotiations with France to acquire weapons to arm Mistral carriers, buy additional Gowind corvettes and Rafale jets, French-based LA Tribune newspaper reported July 6.

In addition, the report said, Russia has offered a satellite similar to Egyptsat-A for electro-optical surveillance and reconnaissance. Thales is reportedly looking to provide a satellite for radar imaging.



https://www.defenseworld.net/news/27356/Egypt_May_Buy_Additional_French_Rafales__Satellite__Ship

 

[Bismarck]

It seems Egypt has won in a lottery.

 

[The SC]

It seems Egypt has won in a lottery.

Might seem like that.. but it is not it.. we said many times on this forum that Egypt saved on defence expenditure for more than 30 years.. It was using only the US $1.3 billion aid annually.. So make the math if it had saved only the equivalent of that it would be $40 billion.... and you double it.. that is $80 billion.. I stop here.. we can even double that if we want.. but we don't want to boost.. just saying.. so you understand..

 

[XTQ1999]

Might seem like that.. but it is not it.. we said many times on this forum that Egypt saved on defence expenditure for more than 30 years.. It was using only the US $1.3 billion aid annually.. So make the math if it had saved only the equivalent of that it would be $40 billion.... and you double it.. that is $80 billion.. I stop here.. we can even double that if we want.. but we don't want to boost.. just saying.. so you understand..

wasn't saving it lol, just couldn't afford to spend more, Egypt is running on a pretty large deficit for a 3rd world country

https://tradingeconomics.com/egypt/government-budget

 

[damm1t]

Might seem like that.. but it is not it.. we said many times on this forum that Egypt saved on defence expenditure for more than 30 years.. It was using only the US $1.3 billion aid annually.. So make the math if it had saved only the equivalent of that it would be $40 billion.... and you double it.. that is $80 billion.. I stop here.. we can even double that if we want.. but we don't want to boost.. just saying.. so you understand..

Come on now, there is no such bullshjt math on a country economy. Do you think people on this forum are as naive as Arabs themselves for what is served by Arab media?

1- If Egypt had such a huge money why Morsi era blamed for bad economy ?
2- If Egypt has that money then why begging IMF for credit for absurd interest rates?

On June 26th, 2020, The Executive Board of the International Monetary Fund (IMF) approved a 12-month Stand-by Arrangement for Egypt (SBA), with access equivalent to SDR 3.76 billion (about US$5.2 billion or 184.8 percent of quota).
https://www.imf.org/en/News/Article...t-on-12-month-us-billion-stand-by-arrangement

3- You say Egypt has 40-80 billion dollar so why Egypt's foreign reserves officially around 15 bl. dollar?
4- Egypt's exports seems make 1/3 of its imports. So if trade balance deficit makes approximately let's say -%50-66 annually and Egypt managed to save such a money. And if economy didn't collpse, how Egypt managed to fix that deficit? With what?

Long story short. SA and UAE pumps up money for their little dictator Sisi...
Sisi sold some island to SA..
SA and UAE make Sisi to do their dirty jobs...
They basically bought the country with what's inside...

 

[Bismarck]

Might seem like that.. but it is not it.. we said many times on this forum that Egypt saved on defence expenditure for more than 30 years.. It was using only the US $1.3 billion aid annually.. So make the math if it had saved only the equivalent of that it would be $40 billion.... and you double it.. that is $80 billion.. I stop here.. we can even double that if we want.. but we don't want to boost.. just saying.. so you understand..

Lets be honest here. You have some rich donor from M.E and some benevolent western supporters. You got some $billion credits from IWF, and get few month more, but not to buy weapons.

Maybe you should think on your own people and not al Sisi and his military.
Nah, just kidding, spending on defence to hold dictators on power is more iimportant. Go ahead.

 

[Gomig-21]

3- You say Egypt has 40-80 billion dollar so why Egypt's foreign reserves officially around 15 bl. dollar?

Where did you get that from, some Turkish media? At least be truthful about the numbers and not lie. The reserves are currently at $37.8 billion. Why would you lie about something like that?

2- If Egypt has that money then why begging IMF for credit for absurd interest rates?

Who's begging? How many countries use the IMF to shore up their funds and credit, especially during this virus that has plagued every single country in the world. You think your precious Turkey hasn't gotten the crap kicked out of it even before the plague hit? This was a $100 million loan to shore up small businesses that were affected by the virus. Many countries have done that and the fact that the IMF loans it only means that Egypt's standing is good.

1- If Egypt had such a huge money why Morsi era blamed for bad economy ?

Who gives a crap about the Morsi era!? Do us a favor and stay out of our business and don't worry about it. Glad that loser and his entire organization is gone and so is your support along with it!

Long story short. SA and UAE pumps up money for their little dictator Sisi...

Oh please. First it's "oh my God, how is this hellhole Egypt buying all these weapons oh yeah, the GCC must be pumping all this money into Sisi to buy all these weapons but ooops, wait a minute, why are all these contract agreed under financing terms? That's right, the GCC is paying for those for some magical reason!

Just give it up and go worry about your own crumbling economy and stop worrying about ours since we couldn't care less what's going on in turkey, yet you seem incessantly worried about our business! lool You and your obsession with DICTATOR SISSSSSSIIIIII!!!! lol

 

[The SC]

Lets be honest here. You have some rich donor from M.E and some benevolent western supporters. You got some $billion credits from IWF, and get few month more, but not to buy weapons.

Maybe you should think on your own people and not al Sisi and his military.
Nah, just kidding, spending on defence to hold dictators on power is more iimportant. Go ahead.

You know you are lying now that I told you the facts..
Turkey just got $15 billion from Qatar and $8 billion from Libya Wefaq government.. so you should know by now who is getting some help from rich donors..

wasn't saving it lol, just couldn't afford to spend more, Egypt is running on a pretty large deficit for a 3rd world country

https://tradingeconomics.com/egypt/government-budget

Like if Egypt never had a defence budget.. that is a very idiotic thought..
Man I was in Europe when Azerbaijan got a beating by Armenia and lost an important part of its land right in the middle of the country.. and got the US and Turkey helping with weapons.. because you had no defence budget so we know where your affiliation is.. .. just go get back Nagorno-Karabakh first..Ok

 

[Gomig-21]

How about this "gust" of wind?

 

[Abdelrahman]

1- If Egypt had such a huge money why Morsi era blamed for bad economy ?
2- If Egypt has that money then why begging IMF for credit for absurd interest rates?
3- You say Egypt has 40-80 billion dollar so why Egypt's foreign reserves officially around 15 bl. dollar?

1- No one here cares for your terrorist and his era, nor for his terrorist organization
2- You contradict yourself. Is it begging from IMF or GCC states are paying for everything and there is no need for IMF?
3- That was the reserve during Morsi’s era. After the revolution, the reserves decreased from around $30 B to $17 B. In Sisi’s era, the foreign reserves increased from $17 B and were close to reach $50 B, may be $48 B. Reserves were affected a little bit during Corona pandemic.

Regarding debits, the Turkish NIIP is more negative than the Egyptian one.

Besides, the Egyptian army has some sort of its special economy. They gave $1 B to the government after the revolution from its own reserves.

Long story short. SA and UAE pumps up money for their little dictator Sisi...

If they are so generous that they buy weapons for us more than what they buy for themselves. So, it’s great that we take these great amounts of weapons for free
But this is not true as the finance ways are negotiatied separately for each deal. For example, with Italy there would be an agreement with Italian banks for the finance method and payment schedule, and so on.

Eventually, thanks for caring for the Egyptian economy, but we have the money and we can get whatever we want no matter if that is annoying anyone or makes them so worried about the Egyptian economy.

Keep watching

 

[The SC]

How about this "gust" of wind?

They all prefer to forget it.. for some of them Egypt does not even have the Mig-35.. these are nightmares for them..
Egypt has Just the F-16 and without AIM-120 AMRAAM .... these people will try to fit anything to their thoughts just to have and feel a little importance.. they never talk about their 300 pilots that are missing.. and their paralysed airforce..Egypt still fare better with only its F-16s.. lol

Now they like to think they are the US navy!?

While in reality

 

[Zarvan]

Might seem like that.. but it is not it.. we said many times on this forum that Egypt saved on defence expenditure for more than 30 years.. It was using only the US $1.3 billion aid annually.. So make the math if it had saved only the equivalent of that it would be $40 billion.... and you double it.. that is $80 billion.. I stop here.. we can even double that if we want.. but we don't want to boost.. just saying.. so you understand..

They were not saving that for decades. It's GCC from where the money is coming from. That news which came of a package seems to be true.

 

[The SC]

They were not saving that for decades. It's GCC from where the money is coming from. That news which came of a package seems to be true.

It might be loan guaranties.. but nothing more than that.. Egypt was saving for all these years.. the Military is very smart.. and even has its own budget..
Very briefly for clarification .. Egypt, at the height of the Corona crisis and in light of the deteriorating economy has paid more than $20 billion in debt..

Here as of yesterday:

The Egyptian parliament approved in its plenary session today, Monday, Presidential Decree No. 374 of 2020 approving two loan agreements between the Ministry of Defense, the Italian Export Development Authority (SACE), the Italian bank and financial institutions.

This is obviously for the $1.2 billion Italian 2 FREMM deal.. and since it says 2 loan agreements.. we can assume the other is the $10 billion for more weapon systems.. too

But if you have reliable sources for that.. do provide them..

 

[Ceylal]

Might seem like that.. but it is not it.. we said many times on this forum that Egypt saved on defence expenditure for more than 30 years.. It was using only the US $1.3 billion aid annually.. So make the math if it had saved only the equivalent of that it would be $40 billion.... and you double it.. that is $80 billion.. I stop here.. we can even double that if we want.. but we don't want to boost.. just saying.. so you understand..

How can they save that amount of $ with Egypt was always "almost" broke..until Sissi took over, and still even with the $90 Billions the Gulfies pumped in its economy...The Gulfies are still the Egyptian's only banker for her weaponry...

 

[Amun]

How can they save that amount of $ with Egypt was always "almost" broke..until Sissi took over, and still even with the $90 Billions the Gulfies pumped in its economy...The Gulfies are still the Egyptian's only banker for her weaponry...

Not true ...!

Egyptian deals with France/ Germany and Italy are financed by the original country of the deal through loans from it’s banks .... and payed quarterly or something ..... to avoid cutting of the deal ... as once they do so ... They will not get the rest of their money .... so the deal continues and money flow continues.... and every body is happy .