Uncategorized
Iran splits compensation for downed Ukrainian airline, acquires Chinese fighter jets
Qatar has offered financial assistance to Iran struggling to compensate the victims of the Ukrainian airline the Islamic Republic downed weeks ago.
Qatari head of state Emir Sheikh Tamim bin Hamad Al Thani arrived Iran Thursday, and met President Hassan Rouhani in Tehran.
According to the Chinese news agency Sina News, Tamim bin Hamad Al Thani offered Iran $3 billion in financial assistance on behalf of Qatar for compensating the families of the victims who were killed in Iran.
Iran, however, is splitting the fund to do other things.
Each of the dead victims will receive $850,000, totaling $1.5bn.
The balance will be spent on acquiring Chinese fighter jets to boost Iran’s ageing fighter jets.
According to the report, handlers of the Iran Revolutionary Guard Corps will be heading for China to spend $1.5 billion on acquiring 36 Chinese Chengdu J-10C fighters.
“The J-10C is a typical multi-purpose fighter and can be replaced at the same time. These models help to simplify logistics. At the same time, the Russian Su-30 fighter is also a potential purchase target,’ the report added.
-
Trending Stories1 week agoDavido, Wizkid, Burna Boy or Asake: Who is having the biggest 2026 so far?
-
Football1 week agoPremier League releases 2026/27 festive fixtures, 7 matches set for Boxing Day
-
Crime6 days agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business5 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business6 days agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Business3 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business2 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business3 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week


