IDEX spotlights UAE’s strategic importance – GulfToday

IDEX spotlights UAE’s strategic importance – GulfToday

IDEX 2021 is a prominent global gathering for a hopeful and promising future for humanity. That two deals worth over Dhs12 billion were signed on the first two days of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2021 shows the strategic importance of the UAE, particularly in the realm of defence. Although the wheel of life has stopped in many countries of the world during the year 2020, due to the coronavirus pandemic, business activity in the UAE keeps moving as usual. All thanks to the wisdom of our wise leadership that works day and night to catapult the country into prestigious positions at international gatherings. On the first day, seven contracts were awarded to foreign companies, and 12 contracts were awarded to companies based in the UAE. On the second day, nine contracts were awarded to foreign companies, and 2 contracts were awarded to companies based in the UAE. The UAE Armed Forces have further finalised deals with the Abu Dhabi-based company, the International Golden Group, purchasing ammunition and weapons for the armed forces at a value of Dhs689, 156, 040. IDEX 2021 is a prominent global gathering for a hopeful and promising future for