The Egyptian navy is stronger than ever before

[The SC]

SC, I don't think the EGYPTSAT was for free. The original Ukrainian one that got lost was replaced by the Russian one and launched last year and paid for by the EAF for a rumored $40 million, IIRC. Either way, you're right that these are small in comparison to the big-ticket items and the entire budget and of course, to other military budgets. Just by adding these items and not necessarily the costs, the list is larger by comparison to what has been purchased prior to Sissi's spree and all in a very short span.

Speaking of the strength of the Egyptian Navy - another deal that is not front and center for example is the two Mistral's anti-missile/anti-aircraft defense system. They went to China to look at their FL-3000N and were very interested. There's nothing that suggests they've picked it or anything else yet but a defensive system for those 2 ships is critical. Too bad they weren't interested in the Chinese HQ-10 that's on the Liaoning aircraft carrier. A better system than the FL-3000N but probably much more expensive. This or any other system will be in the $50 million range so add that to the list lol.

I did read a report about Russian president Putin saying that the EgyptSat will be replaced free of charge because it was not an Egyptian mistake that caused its disappearance, and this after a thorough investigation, also the satellite control was recently handed to Egypt.. And even $40 million is not much, but it was not the case, because Egypt had paid much more for the satellite when it procured it..

Egypt is negotiating for the whole Russian package that was intended for the Mistral, but there are some components Egypt said it does not need.. Not sure about the air-defence system though.. but I guess Russia must have had some system for the chips areal protection..they also have the S-300, the TOR and Pantsir naval versions..

 

[Hell NO]

you buy wepons with alot of bilions and you dont have money to import sugar and take loan cause lack of dollars how can you explain this/?

The thing about weapons deals is no country pays on one go so how much money we pay per annum for all those deals is alot less than you think(I got the impression that you think Egypt payed in full for all those deals).
Okay you think the suger situation was caused by lack of dollar then why was suger the only thing effected( I mean Egypt imports alot of stuff) and why for a short period of time then.

are you joking with 30% infaltion in egypt show me when israel took loan from imf? and suaz canal revenus down in 3 perecent last year http://www.reuters.com/article/idUSC6N1BK01O

Good you are reading about the economic situation in Egypt two advices though when reading about economy read financial news outlets.secondly don't only pick who agrees with you
Yes inflation is temporary high and that is due to the flotation of the EGP a move praised by every financial institution in the world.
The revenue of the Suez canal falls and rises depending on the price of fuel and the level of international trade.
The canal fees are not the main source of hard currency.
I don't want to ruin this thread if you want to talk more about the Egyptian economy create a thread and tag me
Thanx

 

[Gomig-21]

^^ Well said and I will add that the new alterations to the Suez Canal were only completed mid to end of last year. The yields and benefits will take a little time before actually seeing them.

The Russian EGYPTSAT is for free, the Russians promised that when the first one was lost after a year or so in operation! The French satellite alone costs around $1.2 billion, the Wing Loong isn't that expansive though, $2 to 3 million a pop, Egypt might have 15 or so for now.., Yes the total of the deals is big but its was due and is nothing compared to the 100s of billions of dollars other countries are spending on their weapons..Egypt still needs much more weapon systems to be up to date with the rest of its main neighbours..Egypt still needs at least another 4 submarines, at least another Fremm frigate, 4 to 6 Horizon air defence corvettes frigates, 2more Gowind 2500, more S-300VM4 batteries and/or the S-400 which was also offered by Russia, more Rafale, and talk from air force officials points to a study project for a 100% Egyptian made fighter plane most likely based on the JF-17, among many other projects and projected procurements..An upgrade of 30 to 40 F-16C to Blk50 is also almost confirmed, and the possibility of upgrading the Egyptian F-16Blk 40 to V is very realistic and is in the pipeline..

Let's hope so, SC. Very cool stuff by you, thank you.

are you joking with 30% infaltion in egypt show me when israel took loan from imf? and suaz canal revenus down in 3 perecent last year http://www.reuters.com/article/idUSC6N1BK01O

I think Hell No responded very well to this. See his post and first line of this post.

 

[The SC]

^^ Well said and I will add that the new alterations to the Suez Canal were only completed mid to end of last year. The yields and benefits will take a little time before actually seeing them.



Let's hope so, SC. Very cool stuff by you, thank you.



I think Hell No responded very well to this. See his post and first line of this post.

Of course, Egypt takes grants from the suppliers, that has two different benefits, first, it insures that the supplier is commited to the deal as much as the buyer, and second, as every business in world does, it is about the money interest cumulating in the bank, So Egypt still has the bulk of its military budget deposited in banks and generating interests while paying the military deals and the interests on the loans annually..