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The United Arab Emirates underpinned its position as a key importer of western weapons as it ended a $5 billion week- long buying spree with a deal for two more military transport planes from Boeing Co.
The deal with Boeing, valued at 2.3 billion U.A.E. dirhams ($630 million), was among the largest announced during the International Defence Exhibition and Conference that unfolded this week in Abu Dhabi.
The military announced a total of 33 deals valued at 18.3 billion U.A.E dirhams at the event. The government made good on its commitment to make the arms expo more lucrative than one two years ago when around AED14 billion in deals were agreed.