First Published: 2012-11-11

 

Algeria eyes 1,200 armoured vehicles from Germany

 

Subsidiary of Germany's Rheinmetallintends to produce up to 1,200 Fuch-type armoured vehicles for Algeria.

 

Middle East Online

BERLIN - A subsidiary of Germany's Rheinmetall, a specialist maker of automotive parts and defence equipment, intends to produce up to 1,200 Fuch-type armoured vehicles for Algeria, Der Spiegel said Sunday.

According to Monday's edition of the weekly, which quoted government sources, the German government believes that the Rheinmetall subsidiary will produce in Algeria over the next 10 years 1,200 armoured vehicles.

Der Spiegel recalled that the German government had given its approval in early 2011 for the delivery of 54 armoured vehicles of this kind for a total order of 195 million euros ($248 million). It also agreed the delivery of all-terrain vehicles for 286 million euros.

Rheinmetall, which is listed on the stock exchange, achieved in 2011 nearly four million euros in sales, including half in defence.

Arms sales are regularly the subject of intense debate in Germany.

 

Trump seeks Israeli-Palestinian peace, lashes out at Iran again

Iran’s reformists sweep to power across major cities

Turkey's alleged coup ringleaders stand trial

Israel makes concessions to Palestinians 'at Trump's request'

Ivanka hales Saudi progress on women’s rights

Istanbul demolishes nightclub targeted in New Year attack

WHO says 315 cholera deaths in Yemen in under one month

Tunisia police use tear gas on protesters

Palestinians protest for hunger-striking prisoners

Palestinians protest for hunger-striking prisoners

GCC and Arab League call for Yemen unity

Looming showdown between Egypt’s president, judges

Netanyahu says will discuss peace efforts with Trump

Bahrain sentences Shiite cleric to suspended jail term

Trump scandals no issue for Saudi says minister

Saudi women celebrate easing of guardianship system, call for more freedoms

Hamas sentences three to death for commander assassination

Rouhani faces fight with hardliners in US, Iran after election win

Trump to urge Muslim leaders to fight extremism in major speech

Trump tells Sisi he will soon visit Egypt

US, Saudi agree arms deals worth almost $110 billion

Iran's Rouhani wins re-election

Egypt marks MS804 crash with ceremony and no information

Trump lands in Riyadh on first foreign tour

IS bombing kills 35 in Iraq

US Pentagon plans to 'annihilate' IS

Dictator's nephew apologises to Tunisia for corruption

Trump heads to Saudi Arabia as domestic scandals mount

Ebrahim Raisi: hardline challenger in Iran

US and Saudi Arabia blacklist Hezbollah 'terrorist'

UN envoy slams deadly attack in Libya's south

Syria, allies condemn attack by US-led coalition

Iranians vote to choose their president

Festive mood as Iranians flock to polls

Turkey takes aim at opposition journalists in continuing crackdown

Syria talks enter final day as tensions simmer over coalition strike

Hassan Rouhani: moderate cleric open to the world

Sweden drops probe against Julian Assange

EU's Juncker, Tusk to meet Turkey's Erdogan Thursday in Brussels

Nearly 23,500 Yemen cholera cases in three weeks

Israel arrests 2 after deadly West Bank clash

Sudan's Bashir to skip Trump-Muslim summit for 'personal reasons'

Saudi looks to assert regional leadership against Iran

Syrian warring sides agree to new UN process on constitution

US-led warplanes hit Syria pro-regime forces