idex 2017 ends on a highnote with a cumulative of 90 deals valued
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

IDEX 2017 ends on a high-note with a cumulative of 90 deals valued

Arab Today, arab today

Arab Today, arab today IDEX 2017 ends on a high-note with a cumulative of 90 deals valued

IDEX 2017
Abu Dhabi - Arab Today

The 13th edition of the International Defence Exhibition and Conference, IDEX and fourth Naval Defence Exhibition,Navdex, concluded today with a cumulative of 90 deals worth over AED 19 billion signed to buy arms and defence systems for the UAE Armed Forces.

Held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Supreme Commander of the UAE Armed Forces, the event was organised in association and with the full support of the UAE Armed Forces, from February 19 to 23, at the Abu Dhabi National Exhibition Centre.

NAVDEX held alongside IDEX, featured a purpose built exhibition hall, ADNEC Marina for visiting naval ships, a pontoon for small crafts, daily water demonstrations and an outdoor display area.

On the final day, eight new deals worth over AED 344 million were signed, Naval Staff Colonel Fahed Nasser Al Thehli, Official Spokesperson of NAVDEX, announced at the daily regular press briefing.

He said that five of the deals were signed with the national companies and remaining three with international companies. Staff Brigadier-General Rashid Mohammed Al Shamsi, Official Spokesperson of IDEX 2017 was also present.

Naval Staff Colonel Fahed Nasser Al Thehli announced the following UAE Armed Forces contracts: An AED 30 million contract was signed with the UAE based company, International Golden Group (IGG), to supply metal sheets in order to repair airport runways. A deal worth over AED 25.8 million was sealed with the UAE based company, Sony Solutions, to equip the new media centre with technical and engineering works.

A contract worth AED 10 million was concluded with UAE based company Mohamed Abdulrahman Al-Bahar for maintenance and repair works for Caterpillar machinery. UAE Armed Forces also penned a contract valued over AED 55 million with the Turkish company, FNSS Savunma Sistemleri A.S., to provide technical support.

A deal was concluded with Beltech Export FZE, a Belarusian company, for AED 110 million to provide technical support to the UAE forces.

The spokesman announced that an AED 45 million worth contract was signed with the UAE based company, Tasneef, to technically support all classification procedures. A contract valued at AED 58.8 million was signed with the UAE based company Emirates Centre for Al Imdad, to provide technical and logistical support to UAE Armed Forces.

A contract valued AED 9. 2 million was sealed with the German based company, IMS High- Tech, to purchase ammunition for the UAE Armed Forces.

During the press conference, Staff Brigadier-General Rashid Mohammed Al Shamsi, also announced that the UAE Armed Forces signed three contracts with NIMR Automotive for 1,750 armoured vehicles.

NIMR will deliver 1,500 JAIS 4x4 and 6x6 infantry fighting vehicles, as well as more than 150 HAFEET 630A artillery support vehicles in both Observation and Command and Control configurations and 115 AJBAN 440A vehicles equipped with anti-tank guided missile systems to the UAE Armed Forces from 2018.

The past four days are split as follows on day one of IDEX and NAVDEX, 21 deals worth more than AED 4.416 billion were signed, day two witnessed 10 new deals worth more than AED 6.9 billion, day three witnessed 31 new deals worth more than AED 4 billion and on day four twenty new deals worth more than AED 3.4 billion were signed.

One thousand two hundred exhibitors and more than 101,000 visitors from across the globe participated in IDEX 2015, with signed deals amounting to well over AED18.3 billion 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

idex 2017 ends on a highnote with a cumulative of 90 deals valued idex 2017 ends on a highnote with a cumulative of 90 deals valued

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

idex 2017 ends on a highnote with a cumulative of 90 deals valued idex 2017 ends on a highnote with a cumulative of 90 deals valued

 



GMT 06:29 2017 Wednesday ,27 September

Dubai airport passenger traffic up 6.6% in August

GMT 08:24 2017 Tuesday ,28 March

Murray a doubt for Davis Cup with elbow injury

GMT 20:40 2017 Saturday ,11 February

Iraqi President meets British Defence Secretary

GMT 21:44 2017 Wednesday ,02 August

KeriKit appoints Good Results PR

GMT 17:42 2017 Friday ,14 April

Fifi Abdo is a guest of 'Lahoun We Bass'

GMT 04:16 2017 Saturday ,14 October

'We will never let these terrorists win': Cameron

GMT 14:02 2017 Saturday ,21 October

judged harshly because of success

GMT 08:35 2018 Friday ,05 January

Root falls short of elusive century

GMT 02:13 2017 Tuesday ,24 October

Feb20/Mar20

GMT 08:33 2017 Tuesday ,14 November

Italy miss out on World Cup as Sweden qualify

GMT 04:47 2017 Thursday ,23 February

Kardashian heist suspects talk, but no sign of jewels

GMT 04:54 2017 Thursday ,20 April

Posh day at palace: Victoria gets royal recognition

GMT 04:05 2017 Tuesday ,19 September

Trump to nominate Christopher Wray as FBI director

GMT 03:58 2017 Tuesday ,01 August

Chinese president receives Saudi king

GMT 01:19 2017 Thursday ,29 June

Former US President George H.W. Bush in hospital

GMT 08:56 2017 Wednesday ,19 April

"Imagine Abu Dhabi" initiative launched
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday