The United Arab Emirates intends to buy two additional GlobalEye surveillance aircraft from Saab, the defence group said on Tuesday, lifting its shares by 1.8 per cent. The order’s potential value was over USD 1 billion, around SEK 9.8 billion.
The UAE previously bought two GlobalEye aircraft in 2015 and then placed a third order in 2017. None of the earlier orders have yet been delivered.
Saab’s deals with the UAE are not without controversy. The country is part of the Saudi-led coalition in the civil war in Yemen and recently the human rights organisation Amnesty International criticised Saab for exporting arms to the UAE.
Saab’s head of press Ann Wolgers tells business daily Dagens Industri that the UAE is an important customer for the company and a potential sale is based on the conditions in the original agreement from 2015
We are a small, but qualified team of graduates in politics, economics, English and classics dedicated to providing quality news digests in English that offer readers a first-hand look at the most important topics covered by the Swedish press. Here you will find a selection of the articles that are published in our Swedish Press Review.