Tag: united arab emirates
6 articles
UAE's EDGE Group Consolidates Defence Supply Chain Through Strategic Acquisitions
EDGE Group is revolutionizing its defence supply chain through a bold strategy of 13 international acquisitions, 23 joint ventures, and a game-changing ownership approach that prioritizes control over location. By acquiring key players and integrating their outputs, EDGE is poised to dominate the industry with a unique model that sets it apart from the rest.
EDGE Group Expands Aerospace Footprint with Akaer Acquisition
EDGE Group is taking its aerospace ambitions to new heights with the acquisition of Akaer, a Brazilian engineering powerhouse, bringing unparalleled expertise to the table. This game-changing deal is set to supercharge EDGE's capabilities, with Akaer's impressive engineering footprint and program history poised to make a lasting impact.
Saab's GlobalEye Targets Growing Demand with ITAR-Free Edge
Saab's GlobalEye has taken off, with its ITAR-free edge capturing attention worldwide - and a growing list of countries, including Sweden, France, and Canada, are taking notice. From a single delivery to the UAE in 2020 to a widening international roster, GlobalEye is rapidly becoming the go-to airborne early warning and control aircraft.
BrahMos Missile Eyes West Asia Expansion
The UAE's impressive air defense network has a glaring gap - a lack of long-range precision strike capabilities, leaving it to rely on subsonic missiles and short-range ballistic options. The BrahMos missile, with its supersonic speed and versatility, could be the game-changer Abu Dhabi needs to bolster its military might.
UAE Deploys Homegrown Counter-Drone Tech in Iran Conflict
The UAE successfully countered over 80-85% of incoming drones using its homegrown counter-drone technology during the recent Iran conflict, showcasing the country's reliance on locally developed solutions. This locally grown tech, including jammers and spoofers, allowed for an immediate response, operating from day one without delays.
Digital KYC Push Stalls on Trust and Liability Concerns
KYC is more than just verifying identity - it's a crucial process that requires trust and accuracy to prevent financial crimes. Governments and banks are working together to modernize identity data collection and reuse, with countries like the UAE, Europe, and Singapore launching innovative projects to streamline compliance and strengthen anti-money laundering efforts.