UAE

Abu Dhabi in Process of Finalizing Oil for Aircraft Deal with France 

Abu Dhabi and France are in the process of finalizing a counter-trade deal under which the former will purchase some 18 Mirage 2000 warplanes and related equipment from the French state-owned manufacturers Dassault in return for deliveries of Abu Dhabi crude oil, MEES is reliably informed. Dassault will be paid for the aircraft via deliveries of Abu Dhabi crude to the tune of around 2mn tons valued at some...