Gulf States Squeeze Suppliers

When the chief executive of French vehicle maker Nexter met with the deputy supreme commander of the UAE Armed Forces, he got a surprising remark about his company’s offer to sell 700 armored vehicles to the Arabian Gulf country. “Give me your best price,” Crown Prince Sheikh Mohammed bin Zayed al-Nahayan reportedly said to Philippe Burtin on the first day of the International Defense Exhibition & Conference (IDEX), which finished last week.

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