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EGYPT

Cairo committed to corvettes and patrol vessels being 'Made in Egypt'

As European majors like Damen, Fincantieri and Navantia try to woo Cairo as it plans to acquire 20 patrol vessels and six corvettes, the Egyptian Navy insists on solid partnerships and the transfer of technological knowledge. [...] (218 words)

Issue dated 05/04/2021

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Defence Business

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EGYPT
Abdel Fattah al Sisi
Ahmed Khaled Said
Alexandria Shipyard
Ashraf Mogahed
Constructions mécaniques de Normandie
Damen Shipyards
Egyptian Navy
Fincantieri
Lürssen
Maritime Industries and Services Organization
Naval Group
Navantia
Ocea
Peter Lürssen
ThyssenKrupp Marine Systems

Sisi expected to meet Macron in Paris today

Egyptian President Abdel Fattah al-Sisi's flying visit to Paris may not be inked in Emmanuel Macron's diary; but the two are nonetheless scheduled to meet today.

EGYPT Defence Business 24/06/2022

Navy postpones Alexandria trade fair indefinitely

Naval Power Egypt 2022, a military fair and conference that was to have been held for the first time in Alexandria from 5 to 7 September has been postponed indefinitely.

EGYPT Defence Business 21/04/2022

Lürssen and navy enter hard negotiations for partnership

The plans for German shipyard Lurssen's set-up in Egypt are becoming clearer. Over the past few weeks the company's boss, Peter Lurssen, has had an increasing number of discussions with Egyptian authorities.

MOROCCO Defence Infrastructure Business 14/04/2022

Naval Group has all hands on deck to win Casablanca's future shipyard

French company Naval Group is now the only one competing to run the future shipyard in Casablanca after the Italian contestants were disqualified and the Netherlands' Damen Shipyards gave up. It hopes to secure this attractive concession, both military and civilian, before the end of the year.

EGYPT Defence Business 08/09/2021

By courting Sisi, Lürssen shipyard hopes to gain a foothold in Suez

Peter Lürssen, the hard-working director of German shipyard Lürssen, is about to put forward a proposal for the establishment of industrial facilities not far from Suez to enable the production of military and commercial ships locally, which would anchor his company firmly in Egypt.

Le président égyptien al-Sissi recevant le commandant de la marine, Ahmed Khlaed, et Peter Lürssen.

EGYPT Finance Politics 20/08/2021

Sisi sees Egyptian Exchange as vehicle for regional influence and beyond

The Egyptian Exchange is continuing to seek out foreign investors and major corporations to list with a focus on wealthy Egyptians living abroad.

Egypt's stock exchange, the Egyptian Exchange based in Cairo and Alexandria.

GHANA Defence Business 19/07/2021

Vard-Fincantieri and Babcock plan to cut patrol boat costs

As competition to supply several patrol ships to the Ghana Navy heats up, two shipyards intend to lower their production costs by relocating the vessels' assembly.

EGYPT Defence Business 18/06/2021

France's ECA Group goes on offensive with its mine detection drones

For want of sufficient funds, the Egyptian navy has turned down Naval Group's proposition for new minesweepers but it may fall back on a cheaper offer from ECA Group.

GHANA Defence Business 14/06/2021

France's Zodiac Milpro signs four-vessel contract with navy

The French manufacturer Zodiac Milpro has signed a contract with Accra to deliver a batch of four nine-metre long launches to the Ghana Navy.

GHANA Defence Business 25/05/2021

Fincantieri squares up to Ocea over patrol boat procurement

The giant Italian shipbuilder Fincantieri has mounted a charm offensive to persuade Ghana's navy to buy its patrol boats rather than those of France's Ocea. Accra plans to acquire 8 offshore patrol vessels.

In Focus

EGYPT Defence Business 26/04/2021

Naval Group navigates its way through Egypt's military procurement labyrinth

After being prevented from competing for Egyptian arms contracts along with other French companies for the last two years, France's Naval Group is trying to get back into the Egyptian market. It is negotiating to sell Egypt a number of mine countermeasures vessels via a contract which will certainly involve offsets, which are the key to success on the Egyptian military equipment market.

In Focus

MOROCCO Defence 24/02/2020

Naval Group and Piriou want to set up a shipyard to serve the Moroccan navy

The question was discreetly discussed, according to our sources, during the visit of French defence minister Florence Parly to Rabat on February 6. She had a meeting with her opposite

On our other sites

Intelligence Online 10/05/2022

With Damen in ambush, Naval Group could lose Romanian corvette deal

While the Romanian defence ministry is getting impatient, against the backdrop of the war in neighbouring Ukraine, France's Naval Group is openly in conflict with its local partner SNC. Dutch competitor Damen is ready to step in.

Intelligence Online 05/06/2019

TKMS blocks Naval Group's pan-Arab navy dreams

Although France recently landed an order from the UAE for Gowind frigates, its German rival has also secured a berth on the Red Sea via Egypt.

Set up email notifications for these topics

EGYPT
Abdel Fattah al Sisi
Ahmed Khaled Said
Alexandria Shipyard
Ashraf Mogahed
Constructions mécaniques de Normandie
Damen Shipyards
Egyptian Navy
Fincantieri
Lürssen
Maritime Industries and Services Organization
Naval Group
Navantia
Ocea
Peter Lürssen
ThyssenKrupp Marine Systems

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