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China Daily | Updated: 2015-02-13 07:57

Egypt

$5.7b military deal reached

France and Egypt have agreed a deal worth more than 5 billion euros ($5.7 billion) for the sale of Dassault Aviation-built Rafale fighter jets, a naval frigate and missiles, a French source close to the matter said on Thursday. The deal will make Egypt, which has been looking to upgrade its military hardware over fears the crisis in neighboring Libya could spill over, the first export customer for the French warplane.

IN BRIEF (Page 12)

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