A major developer of defense technology and products, the Abu Dhabi-based Edge Group acquired a 50% stake in smart weapons manufacturer SIATT.
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Officials spoke on Brazil’s relations with the Arab countries at the Economic Forum Brazil & Arab Countries opening. Brazilian Agriculture minister Marcos Montes discussed the establishment of Arab fertilizer plants in Brazil.
The UAE’s minister for Defense Affairs, Mohammed bin Ahmed Al Bowardi, had a videoconference with the Brazilian minister of Defense, General Walter Souza Braga Netto, this Monday (28).
Brazil-based M&K provides advisory, export and import services and operates primarily with the defense and public safety industry. It has sought to widen its share in other segments such as healthcare and commodities.
The defense industry show ended Wednesday (17) in Doha. The Brazilian area was visited by international authorities and executives, including Tamim bin Hamad Al Thani, the emir of Qatar.
Milipol started on Monday, 15, in Doha and runs through Wednesday, 17. Brazil’s pavilion has been visited by Qatar’s PM.
UAE-based National investments works mainly with trading and construction and is now diversifying its investments. It partnered up with Inbra Blindados in late January.
IDEX will take place in the UAE’s capital city from February 21 through 25 and demonstrate the latest defense technologies.
Webinar Brazilian Defense Day took place on Tuesday (24) bringing together the public and private defense sector from the two countries. Authorities want more cooperation and business between Brazil and the UAE in the industry.
Industry organization Abimde partnered up with the Arab Chamber for a webinar on Thursday (16) to discuss Brazil’s participation in an industry show next December in Cairo. The meeting was joined by Brazilian and Egyptian officials, as well as representatives from other industry groups.
Associations entered into a memorandum of understanding to seal their partnership and tandem actions. Document was signed during a seminar organized to discuss, with companies, actions in the wake of Jair Bolsonaro’s tour to Arab countries last October.
President Jair Bolsonaro said discussions with authorities in the Arab country concerned mostly the defense industry, but also food security.
The biennial event IDEX 2019 included a Brazilian pavilion organized by ABIMDE with five defense-related companies.
