The Ministry of Defence plans to sign a contract to buy 12 military fighter jets from China, with the option to purchase 36 more at a later date.
In a major deal, the ministry confirmed it was in talks to secure the L-15 Falcon - described as a training and light attack aircraft - from China National Aero-Technology Import & Export Corporation (CATIC).
Tareq Al Hosani, chief executive of Tawazun Economic Council, said the deal is part of continuing efforts to diversify and modernise capabilities of the Air Force and units of the armed forces.
“We have reached the final stage in our talks with the Chinese side. The final contract will be signed soon,” he said in a statement.
“We trust that CATIC has advanced technology that enjoys global competitive advantages.”
No value of the deal was released but China sells the twin-seat L-15 Falcon for $10 million to $15 million per unit, industry reports said.
That would make the jet, which debuted at the Dubai Airshow in 2021, significantly cheaper than many fighters produced by the United States or Europe. One industry journal said the aircraft is regarded as versatile and "best in its class".
The MoD and Tawazun statement did not state which version of the L-15 it was looking to acquire.
First introduced in 2006, a more recent version called the L-15B has a weapons payload of four tonnes, with the instructor's rear seat turned into a weapons systems officer's seat to manage guided weapons.
The L-15 designation applies to export versions of the jet, which is called the Hongdu JL-10 in China.
Zambia's air force uses the L-15 and Uruguay and Venezuela have reportedly expressed an interest in the aircraft.
Tawazun, which manages the acquisitions and contracts of the UAE Armed Forces and Abu Dhabi Police, will work with strategic partners to develop the UAE’s defence capabilities, news agency Wam reported.
RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Tamkeen's offering
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- Option 2: 50% across three years
- Option 3: 30% across five years
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OTHER IPL BOWLING RECORDS
Best bowling figures: 6-14 – Sohail Tanvir (for Rajasthan Royals against Chennai Super Kings in 2008)
Best average: 16.36 – Andrew Tye
Best economy rate: 6.53 – Sunil Narine
Best strike-rate: 12.83 – Andrew Tye
Best strike-rate in an innings: 1.50 – Suresh Raina (for Chennai Super Kings against Rajasthan Royals in 2011)
Most runs conceded in an innings: 70 – Basil Thampi (for Sunrisers Hyderabad against Royal Challengers Bangalore in 2018)
Most hat-tricks: 3 – Amit Mishra
Most dot-balls: 1,128 – Harbhajan Singh
Most maiden overs bowled: 14 – Praveen Kumar
Most four-wicket hauls: 6 – Sunil Narine
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
Mohammed bin Zayed Majlis
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
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