IDEX: UAE Armed Forces sign deals worth AED 17.9 billion in 3 days

@IDEX_UAE/ Twitter

The UAE Armed Forces have signed deals totalling AED 17.91 billion during the first three days of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX).

Twelve new contracts worth more than AED 5.5 billion were awarded on day 3 on Tuesday.

"The total amount of deals signed with international parties amounted to AED 1.164 billion, which is 21 per cent of the total deal value for today, and AED 4.425 billion of deals were agreed with UAE companies, which is 79 per cent of today’s total deal value," said Staff Brigadier-General Mohammed Al Hassani, Official Spokesperson of the IDEX and NAVDEX exhibitions.

He added that six contracts were awarded to international companies, and six agreements were finalised with UAE-based firms.

More from Business

Coming Up on Dubai Eye

  • The Night Shift with Mark Lloyd

    8:00pm - 10:00pm

    Musicians and music, entertainers and entertainment, industry gossip and songs selected by you, get ready to bring your night time to life! Every evening from nine, Mark Lloyd brings you an energetic mix of local and international content and contests, featuring an array of celebrity interviews and entertaining anecdotes. Get involved in the show and pick your favourite jukebox hits, every night from 8pm - 11pm.

  • Nights on Dubai Eye 103.8

    10:00pm - 6:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.


On Dubai Eye

  • Honouring Kian's life

    Goli lost her five-year-old son Kian in a tragic accident on Boxing Day. Today, we honour Kian's memory and send our love to Goli and her family.

  • Combatting COVID-19: Dubai amends travel protocols

    Dubai’s Supreme Committee of Crisis & Disaster Management has announced amendments to travel protocols as part of preventive measures to limit the spread of COVID-19.