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The defense sector’s evolving import-export strategy
The war has made the UAE's defense industry look like a self-reliance story. Iranian drone and missile attacks have put…
Edge + TKMS team up on underwater defense, ADX secures a SWIFT code
Edge and TKMS take the underwater route Abu Dhabi defense giant Edge is expanding its European footprint, signing an MoU…
THIS MORNING: Masdar exits hydrogen project with OMV + Adia offloads more of Lenskart
Plus: IHC confirms Fount Trust as its ultimate parent
EGA exports its tech, Keep Converting raises USD 2 mn, Hafeet Rail moves closer, IHC boosts UAE space ambitions, Edge + Safran team up again
UAE aluminium tech heads to India Emirates Global Aluminium (EGA) is exporting something far more valuable than aluminum to India:…
UAE adds new THAAD launchers in USD 211 mn Lockheed Martin contract
The UAE was the first to deploy the THAAD system in 2022 to defend against Houthi missile attacks
Edge acquires Brazilian aerospace engineering firm, while Julphar wraps divestment of Oman retail pharmacy business
Edge’s latest move follows another acquisition in Europe in May
UAE’s defense diversification drive: Multiple suppliers, local manufacturing, and strategic autonomy
Abu Dhabi is widening procurement ties beyond the US, China, and Russia as it seeks to build strategic autonomy without…
Dana Gas makes another Egypt discovery + Edge adds government weight to its European hub
The UAE-based natural gas player discovered around 10 bcf of gas reserves in the Nile Delta
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