Just in:
Andertoons by Mark Anderson for Fri, 29 Mar 2024 // French Leaders Gather for Interfaith Iftar Dinner // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // Samsung Electronics Launches 2024 Neo QLED 8K, Neo QLED, and OLED Displays to Spark the AI Screen Era // No running of govt from jail, says Delhi Lt Governor // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // Universal Language for Healthcare: General Authority Embraces Global Coding System // Emirati Aid Reaches Ukraine as Food Shortages Bite // Digital Hub Unveiled: Xposure Launches Platform for Global Photography Community // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // CABSAT 2024 Ushers in 30 Years of Media Innovation // Octa seeks to clarify Forex swap and swap-free accounts // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Saudi Arabia Unveils Green Financing Tool to Achieve Net-Zero Goals // US reiterates concern over Kejriwal arrest, Cong accounts // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // Melco Style Presents “SANRIO CHARACTERS STUDIO CITY CARNIVAL” – Explore a SANRIO World of Unlimited Love and Cuteness // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange //
HomeMiddle EastUAE expects to award $5.4bn deals at Idex

UAE expects to award $5.4bn deals at Idex

1487626880 642839164

The UAE awarded 4.5 billion dirhams ($1.2 billion) in military procurement deals on Sunday, part of a total of 20 billion dirhams worth of purchases it expects to make at an arms fair this week, a spokesman for the expo said.

ADVERTISEMENT

The deals awarded to local and international companies on Sunday included a 2 billion dirham award to the UAE’s NIMR Automotive, part of Tawazun Holdings, for the supply of 400 armoured vehicles to the UAE Armed Forces, Rashid al Shamsi, a spokesman for the International Defence Exhibition (Idex), said.

“We expect (to award) more than 20 billion dirhams in contracts by the end of Idex,” he said.

Over 1,200 companies are participating at Idex, the region’s largest defence expo.

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
French Leaders Gather for Interfaith Iftar Dinner // Saudi Arabia Unveils Green Financing Tool to Achieve Net-Zero Goals // Global Audience to Witness Thrill of Dubai World Cup // No running of govt from jail, says Delhi Lt Governor // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // 2024 Lok Sabha Elections Will Be The Costliest One Till Now In The Whole World // Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // US reiterates concern over Kejriwal arrest, Cong accounts // Ingdan Announces 2023 Annual Results // New Nylon Constant Torque Hinge From Southco Provides Position Control In A Compact Package // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // Octa seeks to clarify Forex swap and swap-free accounts // Andertoons by Mark Anderson for Fri, 29 Mar 2024 // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Samsung Electronics Launches 2024 Neo QLED 8K, Neo QLED, and OLED Displays to Spark the AI Screen Era // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // Hong Kong Crypto Exchange Application Stalled by US Lawsuit //