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Spotlight | UAE
As EDGE's IGG takeover looms, Western manufacturers fret over UAE defence industry consolidation

Mohammed bin Zayed al-Nahyan, President of the United Arab Emirates, attends the Dubai Airshow 2023 with Faisal al-Bannai, Managing Director of EDGE Group in Dubai, on 15 November, 2023.
Mohammed bin Zayed al-Nahyan, President of the United Arab Emirates, attends the Dubai Airshow 2023 with Faisal al-Bannai, Managing Director of EDGE Group in Dubai, on 15 November, 2023. © UAE Presidential Court/Hamad Al Kaabi/Reuters
EDGE's takeover of International Golden Group is calling into question the strategy of several Western defence companies, including Safran, which recently relied on this company to win several contracts in Abu Dhabi. [...]
Published on 28.11.2023 at 04:00 GMT Reading time 3 minutes

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Spotlight | UAE
Tahnoon bin Zayed uses his financial empire to tighten grip on UAE defence sector

Determined to create super-champions in all of Abu Dhabi's strategic sectors, the national security adviser Tahnoon bin Zayed is banking on his investment funds to consolidate his control. He is reinforcing his role, in areas ranging from aeronautics to the naval sector, making himself the key pillar of President Mohammed bin Zayed's defence strategy.

LogoSubscribers only International Dealmaking 13.12.2022
Tahnoon bin Zayed al-Nahyan, the UAE national security adviser (NSA).

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