Abu Dhabi launches advanced defense technology company

The launch was made at a ceremony attended by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nayhan


Reuters November 05, 2019
PHOTO: REUTERS

ABU DABHI: Abu Dhabi’s government said on Tuesday it was launching a new company, EDGE that will invest in defense technology.

“The new company will invest and bring advanced defense technologies to the market,” EDGE chief executive and managing director, Faisal al-Bannai, said at the ceremony. The company will employ about 12,000 people.

PM invites US business tycoons to invest in Pakistan

The launch was made at a ceremony attended by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nayhan. Oil-rich Abu Dhabi is the largest and the wealthiest member of the United Arab Emirates federation.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ