Middle East war a boon for UAE defence giant with global ambitions
The Abu Dhabi-owned group said exports made up 70% of $5 billion in sales last year as it opens a Paris headquarters and plans new factories.
6 Articles
6 Articles
Middle East war a boon for UAE defence giant with global ambitions
Throughout six months of US-Iran conflict, nearly 3,000 missiles and drones targeted the UAE, denting its image as a safe haven but providing a windfall for Abu Dhabi-owned EDGE, which is embarking on a major European expansion, executives told AFP. "Before the war, we only had a handful of products that we could say were battle proven. After the war, we can say a lot of products are now battle proven," Khaled Al Zaabi, a top EDGE executive told…
UAE’s Edge chases European defence spending surge
Abu Dhabi defence company Edge is expanding deeper into Europe as governments across the world embark on their biggest military spending increase in decades. Edge expects international business to account for a growing share of its portfolio, as rising military outlays drive demand for counter-drone and critical infrastructure protection technology. More than 2,200 drones were […]
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