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See - Sada Elbalad

Egypt close to acquiring FA-50 light combat aircraft from South Korea

SeeNews According to a statement from the Egyptian ambassador to South Korea Khaled Abdelrahman, Cairo is on the verge of concluding a deal with Seoul for up to 100 FA-50 light combat aircraft. The agreement should also include technology transfer. An official from Korea Aerospace Industries (KAI), the jet manufacturer, claimed that this procurement would 'advance the Egyptian aviation industry and strengthen strategic partnerships across Africa and the Middle East'. The fighter, which has 70% commonality with the classic Lockheed Martin F-16, would likely replace ageing Alpha Jets and K-8E trainers. According to industry analysts, Egypt could start by ordering a first batch of 36 aircraft worth around $1 billion, before potentially procuring more. If Cairo finally buys the whole 100, around 70 would be built directly in Helwan, Egypt after KAI signed an agreement in early 2023 with Arab Organization for Industrialization (AOI), an Egyptian state-owned company. Military cooperation between South Korea and Egypt is not limited to this procurement. In 2016, Egyptian leader Abdel Fattah al-Sisi and then South-Korean president Moon Jae-in signed a comprehensive agreement aiming to deepen military and trade cooperation. The result was the gift of a second-hand Pohang-class corvette to the Egyptian Navy in 2017, and a $1.66 billion deal in 2023 for the procurement of around 216 Hanwha K9 self-propelled howitzers, an undisclosed number K10 ammunition resupply vehicles, and 51 K11 fire direction control vehicles. The year 2025 marks the 30th anniversary of the establishment of diplomatic relations between Cairo and Seoul. In recent years, the two countries strengthened a lot their relations. In fact, some Egyptian officials see the South Korean development since the end of the Korean War in 1953 as a path to follow for their nation. On Seoul's side, Egypt is perceived as an investment opportunity for South Korean companies, as well as an entry point for Middle East and North African markets. For example, in August 2022 Korea Hydro & Nuclear Power Company won a $2.25 billion contract alongside a Rosatom subsidiary to build the first Egyptian nuclear power plant in El Dabaa, while Samsung got a 'golden licence' in august 2023 to build a factory in Beni Suef. Written by ADIT – The Bulletin and republished with permission. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Arts & Culture Arwa Gouda Gets Married (Photos)