Rheinmetall seals UAE deal-German govt sources

Newswire

BERLIN, Feb 24 (Reuters) - German defence manufacturer Rheinmetall AG has sealed a 160 million euros ($211.1 million) deal to sell 32 "Fuchs" armoured reconnaisance vehicles to the United Arab Emirates, according to German government sources. "That is certain," one source said on Thursday, ahead of a visit by German Chancellor Gerhard Schroeder to the Gulf region next week. Government sources also said that industrial group Siemens AG would take a $430 million stake in a power station ...

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