The UAE struck 11 deals worth AED 5.8 billion at the International Defence Exhibition (IDEX) in Abu Dhabi on Wednesday.
Tawazun Council, the procurement of the UAE Armed Forces, announced the signing of five domestic deals worth over AED 5.1 billion and six deals worth AED 756 million with international firms.
This takes the total value of contracts signed over three days to AED 18.44 billion.
IDEX runs until February 24 at the Abu Dhabi National Exhibition Centre.
Mubadala, Barings launch $500 million global real estate debt partnership
Abu Dhabi-based Mubadala Investment Company and global investment manager Barings have announced the launch of a $500 million global real estate debt partnership.
UAE, Philippines agree on additional flight rights
The UAE and the Philippines have agreed to expand air services, clearing the way for UAE national carriers to operate additional flights to Manila.
Dubai launches nationwide campaign to combat economic fraud
The Economic Security Centre of Dubai (ESCD) has launched a nationwide awareness campaign to combat economic fraud, under the slogan "Strong Economy… An Aware Society."
DP World launches 36-hour Dubai-Iraq sea link
DP World has launched a 36-hour maritime service linking Dubai’s Mina Rashid with Iraq’s Umm Qasr Port, offering a faster alternative to overland trucking.
Parkin expands into Abu Dhabi under partnership with DAMAC
The paid parking operator Parkin has signed a five-year agreement with DAMAC Properties to manage around 3,600 parking spaces across the developer’s communities in Dubai and Abu Dhabi.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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