The Gunners failed to bring in a top-quality reinforcement to their attacking third last January, and the current Newcastle loanee seem to fit the bill, scoring 11 goals in 21 appearances, thus far.
Meanwhile, Magpies boss Alan Pardew, who wants to keep Remy permanently, knows that he will have to thread the needle in order to have the 27-year-old ply his trade at St. James' Park in the following seasons.
"We would like to do it permanently but there is a long way until that happens," Pardew said in January.
"It is not quite as simple as [meeting his release clause] as the player and his agents need to make sure it is right for the player and we have to honour that."
The former Marseille player is projected to be worth around €12million.