Home- Stories -IDEX 2021: US$2 Billion Worth Deals Inked on Day 2

IDEX 2021: US$2 Billion Worth Deals Inked on Day 2

kontrak hari kedua Jay Menon - : Feb 23, 2021 - : 3:52 am

The UAE Armed Forces signed 11 deals, worth AED 7.29 billion (US$2 billion), with local and international companies on the second day of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2021.

Lieutenant-Colonel Staff Maya Rashid Almazrouei, spokesperson for IDEX and NAVDEX 2021 exhibitions, said: “The total amount of deals signed with international parties amounted to AED 6.98 billion, which is 95 per cent of the total value of deals.”

Meanwhile, the value of deals signed with UAE companies reached AED 310 million, or 5 per cent of the total value of deals.

“Today, nine contracts were awarded to foreign companies, and two contracts were awarded to companies based in the UAE,” she added.

More Stories

With more than 25 years of experience in defence publishing, Global Business Press and its industry leading titles Asian Defence Technology, Asian Airlines & Aerospace and Daily News are the leading defence publications in the region, present at more international shows and exhibitions than any other competing publication in the region.

Popular Posts

Copyright 2023. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us

Social media & sharing icons powered by UltimatelySocial