IDEX and NAVDEX 2025 conclude with a total of AED 25.15bln in deals
Abu Dhabi – Tawazun Council announced 15 deals valued at AED 1.43 billion with both local and international companies. This brought the total number of deals signed during the five-day exhibition to 55, with a total value of AED 25.15 billion, marked a 10% growth compared to the 2023 edition.
The total contracts signed amounted to AED 3.97 billion on the first day, AED 5.80 billion on the second day, AED 10.18 billion on the third day, and AED 3.77 billion on the fourth day.
The announcement was made during a press conference attended by Majed Ahmed Al Jabri, Mohamed Saif Al Zaabi, and Mahra Bilal Al Dhaheri, the official spokespersons for Tawazun Council, who shared details about the council's agreements for the Ministry of Defense at the exhibitions, which were held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, and organized by ADNEC Group, in collaboration with the Ministry of Defense and Tawazun Council.
Mahra Bilal Al Dhaheri revealed that the total value of local deals on the fifth and final day of the exhibitions reached 11 deals worth AED 766.3 million. Among them were three contracts with 'International Golden Group': the first for purchasing ammunition valued at AED 145.3 million, the second for renewing licenses and programs for the Electronic Medical File System (HIS) infrastructure, worth AED 180 million, and the third for purchasing military uniforms and equipment valued at AED 136.8 million.
Other notable local deals included contracts with 'Al Jaber Land Systems' for the provision of support services and spare parts for trailers worth AED 28 million, 'Itqan AL Khaleej Computers' for the development of infrastructure for the Ministry of Defense's " Sheryan" system valued at AED 74.1 million, and 'Al Taif' for maintenance services of air defense systems worth AED 29 million.
A contract was awarded to 'e-Marine' for maintenance and repair services of submarine cables for the Sharyan Network project, valued at AED 30 million. Additionally, an AED 25 million contract was signed with 'Trans Orient' for technical support services for Armed Forces vehicles. Another agreement, worth AED 22.5 million, was secured with 'Al Aberah Electrical' Works to provide technical support.
Furthermore, 'Fast Marine' was contracted to supply inspection boats for AED 68.8 million, while the final deal involved 'Etimad Strategic Security Solutions', which secured an AED 26.8 million contract for the purchase of a specialized vehicle.
Mohamed Saif Al Zaabi highlighted that the total value of international deals on the fifth day of the "IDEX and NAVDEX 2025" exhibitions amounted to 4 contracts worth AED 661.6 million. These included a contract with US-based "Lockheed Martin"for the alignment of new Sidewinder missiles, valued at AED 429.4 million, and a contract with US-based' INSITU "for maintenance, repair, and sustainment services for drone systems, valued at AED 55.1 million.
The deals also included an agreement with French company "Safran Helicopter Engines" for technical and engineering support services, as well as the supply of spare parts for aircraft engines, valued at AED 23.6 million. Additionally, a contract was signed with South Africa's "GEW Technologies" for the purchase of a wireless jamming system worth AED 153.5 million.
Majed Ahmed Al Jabri emphasized that the success of IDEX and NAVDEX 2025 highlights the UAE's prominent position as a global leader in the defense industry. He added that the increased confidence in the UAE's defense and security investment environment reflects the country's role as a key strategic partner in this vital sector. Tawazun Council remains committed to enhancing the competitiveness of the national industry, supporting innovation, and ensuring defense readiness by attracting the latest global technologies and solutions.
He continued, 'With the conclusion of the 17th edition of IDEX and the 8th edition of NAVDEX, we reaffirm Tawazun's role in achieving its goals of adding value through strategies that adopt the best practices in procurement and acquisition management, in close cooperation with our strategic partner, the Ministry of Defense, in line with the UAE's vision of developing a future-oriented defense sector.'
Al Jabri concluded, "We take this opportunity to celebrate the immense success of this year's exhibitions and are confident that future editions will see further growth and progress, thanks to the visionary leadership of our wise leaders and the ongoing journey of comprehensive development toward a prosperous future."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Web Release
an hour ago
- Web Release
Dutco, Sweid & Sweid Launch Dubai's Largest Privately-Owned Logistics Park
Dutco and Sweid & Sweid have announced the launch of Terralogix — the emirate's largest privately-owned logistics park, in a move that reinforces Dubai's ambitions to become one of the world's top five Grade-A logistics hubs. Located in Warsan, Northern Dubai, the 3.3 million square foot development is designed to serve as a critical node in Dubai's supply chain infrastructure. Maher Sweid, Founder and Managing Partner of Sweid & Sweid commented, 'Terralogix will be developed by Dutco and Sweid & Sweid — two UAE-based firms with strong heritage and established track records. The Dutco Group brings decades of expertise across many sectors including construction, hospitality, real estate, and oil and gas, while Sweid & Sweid is known for developing high quality, institutional-grade real estate assets. Together, we will be delivering Terralogix as a landmark project to spearhead the evolution of Dubai's industrial sector.' Terralogix stands out for both its location and adaptability. As one of the few large-scale logistics developments in Northern Dubai, it provides access to areas underserved by other logistics facilities largely concentrated in Southern Dubai. The park's modular design and flexible leasing model allow tenants to scale, expand, or custom-build their facilities to meet their exact requirements. Phase One is already underway, and scheduled for completion in the third quarter of 2026. Nelson Gibb, CEO of Dutco Group commented, 'As the Dubai Economic Agenda D33 accelerates toward its target of doubling the city's economy by 2033, logistics and trade sit at the heart of that vision. The project brings meaningful new capacity to a sector under pressure from surging demand and limited supply. With direct connectivity to major highways and immediate access to airports and seaports, Terralogix is well positioned to support businesses operating across the UAE and the wider region.' Pre-leasing at Terralogix is now open. For more information, visit
Al Etihad
3 hours ago
- Al Etihad
Asian markets extend gains as China-US talks head into second day
10 June 2025 08:33 Hong Kong (AFP) Asian stocks squeezed out more gains Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump's top advisers saying he expected "a big, strong handshake".There is optimism the negotiations -- which come after the US president spoke to Chinese counterpart Xi Jinping last week -- will bring some much-needed calm to markets and ease tensions between the economic advances in Asian equities built on Monday's rally and followed a broadly positive day on Wall Street, where the S&P 500 edged closer to the record high touched earlier in the week's meeting in London will look to smooth key issues on the agenda at the talks are expected to be exports of rare earth minerals used in a wide range of things including smartphones and electric vehicle batteries."In Geneva, we had agreed to lower tariffs on them, and they had agreed to release the magnets and rare earths that we need throughout the economy," Trump's top economic adviser, Kevin Hassett, told CNBC on even though Beijing was releasing some supplies, "it was going a lot slower than some companies believed was optimal", he he said he expected "a big, strong handshake" at the end of the talks."Our expectation is that after the handshake, any export controls from the US will be eased, and the rare earths will be released in volume," Hassett also said the Trump administration might be willing to ease some recent curbs on tech president told reporters at the White House: "We are doing well with China. China's not easy."I'm only getting good reports."Tokyo led gains in Asian markets, with Hong Kong, Shanghai, Sydney, Seoul, Singapore, Taipei, Wellington and Jakarta also well up."The bulls will layer into risk on any rhetoric that publicly keeps the two sides at the table," said Pepperstone's Chris Weston."And with the meeting spilling over to a second day, the idea of some sort of loose agreement is enough to underpin the grind higher in US equity and risk exposures more broadly."Investors are also awaiting key US inflation data this week, which could impact the Federal Reserve's monetary policy amid warnings Trump's tariffs will refuel inflation strengthening the argument to keep interest rates on it also faces pressure from the president to cut rates, with bank officials due to make a decision at their meeting next week. While recent jobs data has eased concerns about the US economy, analysts remain cautious. Stock Markets Continue full coverage
Arabian Post
4 hours ago
- Arabian Post
Dubai Unveils Iconic Blue Line Metro Expansion with Record‑Breaking Station
Arabian Post Staff -Dubai Dubai's Crown Prince Sheikh Mohammed bin Rashid Al Maktoum has marked the commencement of work on the long-planned Dubai Metro Blue Line, laying the foundation stone for its first station—an architectural masterpiece poised to become the world's highest metro stop at 74 metres. The AED 56 billion project will see construction of a 30 km rail corridor featuring 14 stations and 15.5 km of tunnels. When completed in 2029, it will extend Dubai's transit network to 131 km with 78 stations, serviced by 168 trains. Laying out the design, Sheikh Mohammed described the station—named 'Emaar Properties'—as an 'architectural icon' that aligns with Dubai's cultural landmarks. Designed by Skidmore, Owings & Merrill, the station spans approximately 11,000 m² and is expected to handle 160,000 passengers daily, rising to 70,000 by 2040. Built to bridge Dubai Creek via a 1.3 km viaduct, the alignment also encompasses advanced sustainable features and full Platinum-level green building certification. ADVERTISEMENT The Blue Line will connect nine key districts, from Bur Dubai/Deira through Dubai Silicon Oasis to Academic City, also establishing interchanges with the existing Red and Green lines at Al Rashidiya and Al Jaddaf respectively. Travel time is expected to be between 10 and 25 minutes, with a projected ridership of 200,000 by 2030 and up to 320,000 by 2040. Oversight for the project was awarded five months ago to a consortium led by Turkey's MAPA and Limak, with China's CRRC delivering rail systems. The contract, valued at AED 20.5 billion, follows an international tender detailed by the Roads and Transport Authority. Construction began in April under RTA supervision and is slated to complete by September 2029, coinciding with the Metro's 20th anniversary. The Blue Line is not only a transport project but also a key driver of Dubai's broader economic and urban strategy, under the Dubai 2040 Urban Master Plan. Analysts predict it could deliver AED 2.60 in economic, social, and environmental benefits for every dirham invested by 2040, with potential reduction of road congestion by 20% and a 25% uplift in land values near stations. At a ceremony held on June 9 2025, Sheikh Mohammed was accompanied by Mattar Al Tayer, RTA Director‑General, and representatives from the MAPA-Limak-CRRC group, as he laid the foundation stone for the Emaar Properties Station in Dubai Creek Harbour. The station's design reflects a fusion of traditional stone, bronze, and glass to evoke a modern heritage, with natural lighting enhancing passenger experience. Beyond the landmark station, the Blue Line includes Dubai's largest underground interchange station at International City 1, covering 44,000 m² and capable of processing 350,000 passengers per day. The elevated–subterranean route is engineered for flexibility: a Y‑junction system allows trains to run directly from Academic City to either Creek or Centrepoint without passenger transfers. ADVERTISEMENT An important feature of the new line is the metro's first-ever bridge spanning Dubai Creek—a 1.3 km link set to provide scenic and efficient connectivity between the city's burgeoning north‑east and the urban core. Emaar Properties has secured naming rights for the iconic station under a ten-year agreement beginning at its 2029 inauguration. Similar agreements for other stations are expected to follow. Since opening in 2009, the Dubai Metro has carried over 2.5 billion passengers, averaging 900,000 day-to-day users. With the Blue Line operational, that figure is projected to only grow—annual ridership is expected to surpass 300 million by 2026. SOM's involvement as design lead brings a legacy of landmark architecture—its portfolio includes global icons such as the Burj Khalifa, New York's Olympic Tower, and Chicago's Willis Tower. The firm's concept of a 'crossing gateway' symbolises Dubai's ambition to blend aesthetics and connectivity in its infrastructural projects. As Dubai develops rapidly under its 2040 plan, transport-oriented infrastructure such as the Blue Line serves multiple objectives: reducing road travel times, supporting high-density developments like Dubai Creek Harbour and Academic City, and promoting sustainable urban growth. Amenities across Blue Line stations will include bus bays, taxi ranks, bike and e-scooter zones, and full accessibility provisions tailored to 'people of determination'. The $5.6 billion deal for the Blue Line contract, confirmed by Reuters in December 2024, sets high expectations for the consortium's delivery through to 2029. Monthly monitoring by the RTA forecasts a phased construction schedule that aligns with urban expansion milestones tied to Expo City Dubai and continuing population growth. By 2040, the RTA projects that the Metro network will serve 320,000 riders per day on the Blue Line alone, integrated with over 80% of city services reachable within a 20-minute public transit ride—supporting the '20‑Minute City' goal. The Blue Line is expected to be a catalyst for new patterns of mobility, shaping development in under-served districts like Mirdif, Al Warqa, and Ras Al Khor, while reinforcing Dubai's status as a testbed for smart and sustainable infrastructure. The combination of landmark design, intermodal connectivity, and environmental ambition positions the line as a model for future metro expansions globally.
