UAE looks for the Edge in Gulf defence market
Amid the glitz and audio-visual wizardry of an upscale Abu Dhabi hotel, Mohamed bin Zayed Al Nahyan, Deputy Supreme Commander of the UAE Armed Forces officially launched a new Abu Dhabi-owned defence and technology company, Edge.
Aimed at bringing ‘innovation in defence, security and far beyond’ Edge has been created by drawing together 25 companies, including subsidiaries, from the Emirates Defence Industries Company (EDIC), the Emirates Advanced Investments Group (EAIG), Tawazun Holding and ‘other independent organisations’.
Faisal Al Bannai (pictured), the new company’s CEO, emphasised that these 25 companies employ 12,000 people and have a combined turnover of $5 billion. ‘Our
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Spain unveils new multi-billion euro defence investment plan]()
Spain unveils new multi-billion euro defence investment plan
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
-
![New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia]()
New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
-
![UK Chancellor commits £2 billion to make the country a “defence industrial superpower”]()
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
![Avalon 2025: Australian defence budget meets the low expectations of show attendees]()
Avalon 2025: Australian defence budget meets the low expectations of show attendees
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
-
![Launch of Gilat Defense targets DoD market]()
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
