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France and Saudis 'finalising' $3bn Lebanon arms deal: official

French President Francois Hollande (L) and Saudi Crown Prince and Defence Minister Salman bin Abdul Aziz al-Saudb at the Elysee Palace in Paris on September 1, 2014France and Saudi Arabia are close to signing a $3 billion arms deal for Lebanon, the Elysee Palace said Monday following talks between President Francois Hollande and the Saudi crown prince. The deal is for military equipment and arms to be supplied to Lebanon’s army. Hollande told an official dinner at the Elysee presidential palace attended by Prince Salman bin Abdul Aziz, who is also the Saudi deputy prime minister and defence minister, that Lebanon was a “great but vulnerable country” which “needs security”.

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