Latest news with #MajedAhmedAlJaberi
Mid East Info
20-02-2025
- Automotive
- Mid East Info
IDEX and NAVDEX 2025 Secure AED 19.95 Billion in Contracts Over Three Days - Middle East Business News and Information
Tawazun Council, the authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies—announced the signing of 10 contracts valued at a total of AED 10.18 billion with both local and international companies during the third day of IDEX and NAVDEX 2025. This brings to AED 19.95 the total value of 28 deals announced during the first three days of the event. The announcement was made during a press conference attended by Tawazun Council's official spokespersons: Majed Ahmed Al Jaberi, Mohammed Saif Al Zaabi, and Mahra Bilal Al Dhaheri. The exhibitions are held under the patronage of UAE President His Highness Sheikh Mohammed bin Zayed Al Nahyan and are organized by ADNEC Group in collaboration with the Ministry of Defense and Tawazun Council. On the third day of the exhibitions, Mahra Bilal Al Dhaheri confirmed that a total of 7 contracts worth AED 9.66 billion were awarded to UAE-based companies. One of the largest deals involved EDGE Group, the first deal, valued at AED 1.92 billion, focuses on the development of technical support systems for the naval forces. Another agreement, worth AED 121.3 million, was signed with 'Trust' to purchase CBRN protective suites. EDGE Group also secured a third contract valued at AED 4.36 billion for the supply of MKs bombs (Phase 2). In addition to these, a contract was awarded for the purchase of anti-jamming systems worth AED 227 million, and another deal was made for the procurement of TRACKED RCV unmanned ground vehicles, totaling AED 288 million. The sixth contract was signed with ' International Golden Group ' for the purchase of an E-LORAN system, valued at AED 382 million. The final local deal, worth AED 2.36 billion, was awarded to 'CLS Automotive Technologies' for the supply of IFV Wahsh armored vehicles. Tawazun Council also announced three international contracts worth AED 523 million. The first of these contracts, valued at AED 24 million, was signed with France's' Eurotradia International' for the supply of spare parts for Leclerc tanks. A second agreement, worth AED 472 million, was made with France's 'Naval Group' for integrated logistics support (ILS) for corvette vessels. Lastly, Lockheed Martin, based in the United States, signed a contract worth AED 26.77 million to provide technical support services . Majed Ahmed Al Jaberi affirmed Tawazun Council's continued pivotal role—as the authority responsible for managing acquisitions, procurement, and defense and security contracts in the UAE—during the third day of IDEX and NAVDEX 2025. He reiterated that the deals signed on behalf of the Ministry of Defense and security agencies underscore the Council's commitment to enhancing the nation's defense and security capabilities and to establishing the UAE as a global hub for advanced defense industries . Al Jaberi also highlighted the broad regional and international attention the exhibitions have garnered, owing to their leading role in showcasing the latest innovations and defense solutions while fostering strategic cooperation among major global players in the defense and security sectors .
Arabian Business
19-02-2025
- Business
- Arabian Business
IDEX and NAVDEX 2025: UAE announces defence and security deals worth $5.4bn
The UAE has announced deals worth more than AED19.95bn ($5.4bn) at major military, defence and security events this week. The Tawazun Council announced deals worth AED19.95bn ($5.4bn) during the IDEX and NAVDEX 2025 exhibitions. The authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defence revealed 28 deals with local and international companies. UAE IDEX and NAVDEX 2025 deals The announcement was made by the Tawazun Council's official spokespersons, Majed Ahmed Al Jaberi, Mohammed Saif Al Zaabi, and Mahra Bilal Al Dhaheri. The exhibitions are held under the patronage of President Sheikh Mohamed bin Zayed Al Nahyan and are organised by ADNEC Group in collaboration with the Ministry of Defense and Tawazun Council. On the third day of the exhibitions, Mahra Bilal Al Dhaheri confirmed that a total of 7 contracts worth AED9.66bn ($2.6bn) were awarded to UAE-based companies. One of the largest deals involved EDGE Group, the first deal, valued at AED1.92bn ($523m), focuses on the development of technical support systems for the naval forces. Another agreement, worth AED121.3m ($33m), was signed with 'Trust' to purchase CBRN protective suites. EDGE Group also secured a third contract valued at AED4.36bn ($1.2bn) for the supply of MKs bombs (Phase 2). In addition to these, a contract was awarded for the purchase of anti-jamming systems worth AED227m ($62m), and another deal was made for the procurement of TRACKED RCV unmanned ground vehicles, totalling AED288m ($78.4m). The sixth contract was signed with' International Golden Group' for the purchase of an E-LORAN system, valued at AED382m ($104m). The final local deal, worth AED2.36bn ($642.5m), was awarded to 'CLS Automotive Technologies' for the supply of IFV Wahsh armoured vehicles. Tawazun Council also announced three international contracts worth AED523m ($142.4m). The first of these contracts, valued at AED24m ($m), was signed with France's' Eurotradia International' for the supply of spare parts for Leclerc tanks. A second agreement, worth AED472m ($128.5m), was made with France's 'Naval Group' for integrated logistics support (ILS) for corvette vessels. Lastly, Lockheed Martin, based in the United States, signed a contract worth AED26.77m ($7.3m) to provide technical support services. Majed Ahmed Al Jaberi affirmed Tawazun Council's continued pivotal role—as the authority responsible for managing acquisitions, procurement, and defence and security contracts in the UAE—during the third day of IDEX and NAVDEX 2025. He reiterated that the deals signed on behalf of the Ministry of Defence and security agencies underscore the Council's commitment to enhancing the nation's defence and security capabilities and to establishing the UAE as a global hub for advanced defence industries. Al Jaberi also highlighted the broad regional and international attention the exhibitions have garnered, owing to their leading role in showcasing the latest innovations and defence solutions while fostering strategic cooperation among major global players in the defence and security sectors.
Zawya
19-02-2025
- Automotive
- Zawya
IDEX and NAVDEX 2025 secure $5.43bln in contracts over three days
Tawazun Council, the authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies—announced the signing of 10 contracts valued at a total of AED10.18 billion with both local and international companies during the third day of IDEX and NAVDEX 2025. This brings to AED19.95 the total value of 28 deals announced during the first three days of the event. The announcement was made during a press conference attended by Tawazun Council's official spokespersons: Majed Ahmed Al Jaberi, Mohammed Saif Al Zaabi, and Mahra Bilal Al Dhaheri. The exhibitions are held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and are organised by ADNEC Group in collaboration with the Ministry of Defense and Tawazun Council. On the third day of the exhibitions, Mahra Bilal Al Dhaheri confirmed that a total of 7 contracts worth AED9.66 billion were awarded to UAE-based companies. One of the largest deals involved EDGE Group, the first deal, valued at AED1.92 billion, focuses on the development of technical support systems for the naval forces. Another agreement, worth AED121.3 million, was signed with 'Trust' to purchase CBRN protective suites. EDGE Group also secured a third contract valued at AED 4.36 billion for the supply of MKs bombs (Phase 2). In addition to these, a contract was awarded for the purchase of anti-jamming systems worth AED227 million, and another deal was made for the procurement of TRACKED RCV unmanned ground vehicles, totaling AED288 million. The sixth contract was signed with" International Golden Group" for the purchase of an E-LORAN system, valued at AED382 million. The final local deal, worth AED2.36 billion, was awarded to 'CLS Automotive Technologies' for the supply of IFV Wahsh armored vehicles. Tawazun Council also announced three international contracts worth AED523 million. The first of these contracts, valued at AED24 million, was signed with France's' Eurotradia International' for the supply of spare parts for Leclerc tanks. A second agreement, worth AED 472 million, was made with France's 'Naval Group' for integrated logistics support (ILS) for corvette vessels. Lastly, Lockheed Martin, based in the United States, signed a contract worth AED 26.77 million to provide technical support services. Majed Ahmed Al Jaberi affirmed Tawazun Council's continued pivotal role—as the authority responsible for managing acquisitions, procurement, and defence and security contracts in the UAE—during the third day of IDEX and NAVDEX 2025. He reiterated that the deals signed on behalf of the Ministry of Defense and security agencies underscore the Council's commitment to enhancing the nation's defence and security capabilities and to establishing the UAE as a global hub for advanced defence industries. Al Jaberi also highlighted the broad regional and international attention the exhibitions have garnered, owing to their leading role in showcasing the latest innovations and defence solutions while fostering strategic cooperation among major global players in the defence and security sectors.
Zawya
19-02-2025
- Business
- Zawya
UAE: Record $2.6bln in contracts signed over two days at IDEX, NAVDEX 2025
ABU DHABI: Tawazun Council - the government authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies - announced the signing of five deals worth a total of AED5.8 billion with local and international companies on the second day of IDEX and NAVDEX 2025. With these agreements, the total value of contracts signed during the first two days of the exhibitions has reached AED9.77 billion across 18 deals. The announcement was made during a press conference attended by Majed Ahmed Al Jaberi, Mohammed Saif Al Zaabi, and Mahra Bilal Al Dhaheri, the official spokespersons for Tawazun Council. The press briefing detailed the council's contracts for the Ministry of Defense at IDEX and NAVDEX 2025, held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and organised by ADNEC Group in collaboration with the Ministry of Defense and Tawazun Council. Mahra Bilal Al Dhaheri stated that the second day's local deals amounted to three contracts worth AED5.57 billion. These included a contract with 'Calidus Aerospace' to Procure HEDA Missile System (Phase 1) worth AED3.76 billion, a contract with 'International Golden Group' for the procurement of ammunition worth AED492 million, and an agreement with 'DTEC Industries Limited' to purchase 50 meter marine traffic boats worth AED1.38 billion. Meanwhile, Mohammed Saif Al Zaabi announced that international contracts for the second day of IDEX and NAVDEX 2025 amounted to two deals worth AED213 million. These included an agreement with the French company 'MBDA' to provide spare parts, maintenance, repairs, and technical support for naval equipment, valued at AED32 million. Additionally, a contract was signed with 'Augusta Westland Aviation Services 'of Italy to provide technical, engineering, and logistics support, along with aircraft spare parts, worth AED181 million. Majed Ahmed Al Jaberi highlighted Tawazun Council's commitment to enhancing cooperation between leading local and international defence companies. He pointed out that IDEX and NAVDEX 2025 serve as pivotal platforms for showcasing the latest technologies and innovations. Al Jaberi further remarked that these contracts play a key role in supporting the nation's strategy to bolster its defence capabilities and expand its local manufacturing base—efforts that contribute to sustainable development and stimulate investment in advanced technologies.
Trade Arabia
18-02-2025
- Business
- Trade Arabia
Idex, Navdex nets $2.7bn contracts in first two days
Tawazun Council - the government authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies - has announced the signing of five deals worth a total of AED5.8 billion ($1,6 billion) with local and international companies on the second day of Idex and Navdex2025. With these agreements, the total value of contracts signed during the first two days of the exhibitions has reached AED 9.77 billion across 18 deals. The announcement was made by Majed Ahmed Al Jaberi, Mohammed Saif Al Zaabi, and Mahra Bilal Al Dhaheri, the official spokespersons for Tawazun Council at a press briefing. Al Dhaheri said the second day's local deals stood at AED 5.57 billion. These included a contract with 'Calidus Aerospace' to Procure HEDA Missile System (Phase 1) worth AED 3.76 billion, a contract with 'International Golden Group' for the procurement of ammunition worth AED 492 million, and an agreement with 'DTEC Industries Limited' to purchase 50 meter marine traffic boats worth AED 1.38 billion, she stated. Al Zaabi said the international contracts for the second day of Idex and Navdex2025 stood at AED 213 million. These included an agreement with the French company 'MBDA' to provide spare parts, maintenance, repairs, and technical support for naval equipment. Additionally, a contract was signed with 'Augusta Westland Aviation Services 'of Italy to provide technical, engineering, and logistics support, along with aircraft spare parts, worth AED181 million. Al Jaberi highlighted Tawazun Council's commitment to enhancing cooperation between leading local and international defence companies. He pointed out that Idex and Navdex2025 serve as pivotal platforms for showcasing the latest technologies and innovations.
