{"id":111760,"date":"2026-01-21T00:00:00","date_gmt":"2026-01-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=111760"},"modified":"2026-01-21T03:22:48","modified_gmt":"2026-01-21T03:22:48","slug":"new-defense-jv-and-agreements-dubai-holding-makes-moves-in-mallorca-and-ce-ventures-backs-us-biotech","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/new-defense-jv-and-agreements-dubai-holding-makes-moves-in-mallorca-and-ce-ventures-backs-us-biotech\/","title":{"rendered":"New defense JV and agreements, Dubai Holding makes moves in Mallorca, and CE Ventures backs US biotech"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Edge, Barzan Holdings establish defense JV in Qatar<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Edge<\/strong><strong> finalizes defense JV with Qatar\u2019s Barzan: <\/strong>Abu Dhabi defense conglomerate Edge and Qatari state-owned Barzan Holdings are establishing a joint venture to develop advanced defense technologies, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/edge-and-barzan-holdings-agree-to-establish-strategic-joint-venture-in-qatar-pod1hoi5\" style=\"\" rel=\"noopener\">press release<\/a>. The agreement formalizes an MoU inked between the two state firms <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/18\/more-than-aed-4-bn-defense-agreements-inked-on-day-one-of-idex-navdex\/?repeat=w3tc\" style=\"\" rel=\"noopener\">last year<\/a> for co-development programs and production, although no further details were given then, or in this latest announcement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our take: <\/strong>The Emirati defense firm has been actively sowing out defense bays across the globe. Edge recently entered Europe\u2019s manufacturing industry, teaming up with Spain\u2019s Indra Group to roll out a new <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/14\/edge-plants-flag-in-europe-fab-taps-t-powe-rice-for-investments-zoho-rolls-out-data-centers-and-nmdc-expands-in-the-onshore-market\/\" style=\"\" rel=\"noopener\">defense manufacturing<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/14\/edge-plants-flag-in-europe-fab-taps-t-powe-rice-for-investments-zoho-rolls-out-data-centers-and-nmdc-expands-in-the-onshore-market\/\" style=\"\" rel=\"noopener\">unit<\/a>, following agreements <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/07\/24\/edge-to-launch-jv-with-turkeys-pavo-group\/\" style=\"\" rel=\"noopener\">with Turkey<\/a> and a possible defense package <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/en\/news\/edition\/am\/bb55aa0d-a210-4fba-a9b0-dca36dec6b14\/adnoc-secures-first-gas-based-pre-export-facility-for-hail-and-ghash\/wwtt2?repeat=w3tc\" style=\"\" rel=\"noopener\">with Israel<\/a>. Further east, the UAE just inked a defense partnership agreement <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/20\/uae-india-agreement-blitz\/\" style=\"\" rel=\"noopener\">with India<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Calidus signs local production agreement<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Calidus<\/strong><strong> + US defense tech firm boost local production of UAS: <\/strong>UAE-based defense technology firm Calidus and US-based General Atomics Aeronautical Systems inked an MoU to locally produce two unmanned aircraft, the MQ-9B and the Gambit Collaborative Combat Aircraft, state news agency <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bybnd3x-calidus-ga-asi-sign-mou-collaborate-co-production\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">UAE defense pivots to unmanned systems<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Tawazun Council for Defense Enablement signed AED 879.8 mn in defense <\/strong><strong>contract<\/strong><strong>s <\/strong>on the opening day of Umex and SimTex 2026, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bybnd6y-tawazun-announces-aed879785-million-defence-deals\" style=\"\" rel=\"noopener\">Wam<\/a> reports. Day-one spending leaned toward autonomous air and maritime platforms, underscoring a procurement push to scale local capability in drones, autonomous logistics, and maritime robotics rather than refresh legacy kit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where the money went: <\/strong><\/p>\n<ul>\n<li><strong>State defense firm Edge took the lion\u2019s share<\/strong>, securing AED 28.9 mn to develop Scorpio S and Scorpio M unmanned vehicles; AED 22 mn to convert a gyrocopter into an unmanned logistics aircraft; and AED 661.2 mn for Anavia HT-100 unmanned helicopters;<\/li>\n<li><strong>Abu Dhabi-based Diveco International added AED 167.7 mn <\/strong>with a contract to supply remotely operated vehicles, extending the focus into subsea and maritime autonomy.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Dubai Holding expands its global footprint<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Dubai <\/strong><strong>Holding acquired Jumeirah Mallorca<\/strong>, adding a fully operational five-star resort in Spain to its global portfolio, according to a <a target=\"_blank\" href=\"https:\/\/www.dubaiholding.com\/en\/media-hub\/press-releases\/dubai-holding-expands-european-hospitality-portfolio-with-acquisition-in-mallorca\" style=\"\" rel=\"noopener\">press release<\/a>. The 121-key property already operates under its portfolio brand Jumeirah, which will continue to manage it following the takeover. The holding firm has earmarked more capital to invest for upgrades, and the latest addition brings its hospitality ownership portfolio to 34 hotels and resorts, including five in Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND- <\/strong>Jumeirah has been steadily expanding in Europe. In 2019, <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/jumeirah-group-adds-capri-palace-in-italy-to-its-expanding-international-portfolio-300970560.html\" style=\"\" rel=\"noopener\">Capri Palace Jumeirah<\/a> in Italy became the brand\u2019s Mediterranean anchor, followed in 2021 by the reopening of <a target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/in\/news-releases\/the-carlton-tower-jumeirah-opens-june-1st-in-knightsbridge-following-complete-transformation-839371181.html\" style=\"\" rel=\"noopener\">Jumeirah Carlton Tower<\/a> in London. Later on in 2023, Dubai Holding <a target=\"_blank\" href=\"https:\/\/www.dubaiholding.com\/en\/media-hub\/press-releases\/jumeirah-group-expands-presence-in-europe-with-key-acquisition-in-geneva\" style=\"\" rel=\"noopener\">acquired the historic Hotel Le Richemond<\/a> in Geneva, marking Jumeirah\u2019s entry into the Swiss ultra-luxury market.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CE Ventures joins funding round for US biotech<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CE<\/strong><strong> Ventures participates in USD 55 mn US biotech funding round: <\/strong>CE Ventures, the venture capital arm of UAE-based Crescent Enterprises, participated in a USD 55 mn Series A funding round for <a target=\"_blank\" href=\"https:\/\/thinkbioscience.com\/\" style=\"\" rel=\"noopener\">Think Bioscience<\/a>, a US-based biotechnology firm, according to a <a target=\"_blank\" href=\"https:\/\/www.wamda.com\/2026\/01\/ce-ventures-joins-55-million-series-round-biotech-think-bioscience\" style=\"\" rel=\"noopener\">press release<\/a>. The capital will be used to accelerate the development of Think Bioscience\u2019s lead drug candidates and scale its capabilities in identifying new bioactive compounds. The biotech firm uses small-molecule therapeutics and synthetic biology to treat otherwise hard-to-treat diseases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edge signed an agreement with Barzan for a JV for advanced defense technologies, while Calidus and a US firm will locally produce unmanned aircraft<\/p>\n","protected":false},"author":1,"featured_media":111761,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1552],"tags":[47,1004,598,1400,937,7,599,477],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-111760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-biotech","tag-data-centers","tag-defense","tag-edge-group","tag-enterpriseam-uae","tag-g42","tag-hospitality","wpautop","entry"],"acf":{"mongo_id":"268a8af5-632e-430a-8dc0-33b391066a29","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/1\/781.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Defense agreements inked, G42 floats digital embassies, Dubai Holding makes moves in Mallorca, and CE Ventures backs US biotech","related_issue":[111748],"teaser":"Edge signed an agreement with Barzan for a JV for advanced defense technologies, while Calidus and a US firm will locally produce unmanned aircraft"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New defense JV and agreements, Dubai Holding makes moves in Mallorca, and CE Ventures backs US biotech - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/21\/new-defense-jv-and-agreements-dubai-holding-makes-moves-in-mallorca-and-ce-ventures-backs-us-biotech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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