Sisi favours French weapons
Seizing an opportunity afforded by the US Congress' sanctioning of General Abdel Fattah al-Sisi (IOL 698, IOL 695), French defence [...]
DCNS is France’s leading naval shipyard. The company builds both surface vessels and submarines for the French Navy. It also exports, recently landing contracts in India, Brazil and Australia.
The diplomatic honeymoon period between Paris and Riyadh has yet to benefit the French defence industry: the only major deals that have been struck since President François Hollande's very public rapprochement with Saudi Arabia shortly after his election in 2012 [...]
Chief executive of Blenheim Capital since its foundation in 2006, Grant Rogan has been active in the Gulf since the 1980s. His father, Richard Grant Rogan, was already a connoisseur of the region. Middle East director of Northrop Grumman in the 1970s, he was a regular contact of Adnan Khashoggi, the famous Saudi arms dealer. His son, Grant, quickly opted to specialise in the discreet offset sector [...]
Omar Zeidan is one of the best-connected among the established agents of French industry in the Arab world. He is still very active in 2013, steering through projects in Saudi Arabia and Kuwait and partnering investments of the Al-Assad clan in Syria. At the same time, he is trying to establish himself in Libya and is continuing to advance his own investment projects in Africa generally. After hav [...]
Fadel Al Kaabi, formerly of the Tawazun sovereign fund, set up the International Golden Group (IGG) in 2002. The company, which is headed by Fadel’s uncle, former armed forces deputy chief of staff Mohammed Hilal Al Kaabi, specialises in partnerships with Western defence groups like France’s Thales, Britain’s BAE, Paramount of South Africa and Italy’s Selex. In 2013, IGG also went into partnership [...]