Russian media wants Egypt to get the message that the US doesn’t want us to have Rafale jets: “The US government doesn't want a country like Egypt to possess such technology," Alexandre Vautravers, an official at the Geneva Center for Security Policy (GCSP), told Russian state-owned outlet Sputnik on Saturday. He is referring to reports, which we noted last week, that suggest a US ban on component sales of the Rafale’s Scalp missiles was behind floundering talks between Egypt and France over the sale of 12 Rafale jets. Vautravers says this is a deliberate move by the US as “this type of missile could influence power dynamics in the whole Middle East and create a problem across the region if it was used against a country like Israel.”
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
EGX30 erases March losses with 14.2% April surge
The rally piled on roughly EGP 433 bn in market…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…