3.2 billion euros of Egypt-French arms deal financed by loan from Paris: Sisi

February 28, 2015 11:36 PM

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3.2 billion euros of Egypt-French arms deal financed by loan from Paris: Sisi

CAIRO (Reuters) - The French government loaned Egypt 3.2 billion euros to finance the recent multibillion-euro purchase of French military equipment, Egypt's president Abdel Fattah al-Sisi said in an interview on al-Arabiya TV on Saturday.

Egypt signed an agreement this month to buy 5.2 billion euros worth of French weapons, including 24 Rafale combat jets made by Dassault Aviation, a multi-mission naval frigate, and air-to-air missiles.

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