The Ministry of Industry and Advanced Technology (MoIAT) and the Emirates Defence Companies Council (EDCC) have signed a memorandum of understanding (MoU) to bolster local defence industries and promote exports.
UAE-based small and medium enterprises (SMEs) will soon be able to invest in priority industries such as defence by accessing new financing solutions and enablers following a memorandum of understanding (MoU) signed at Idex and Navdex.
The International Defence Conference 2023, which will be held on February 9 in Abu Dhabi, will attract a number of global leaders, decision-makers, ministers, senior officials and speakers specialising in defence industries.