November 5, 2019 / 9:46 AM / 12 days ago

Abu Dhabi launches advanced defence technology company

ABU DHABI, Nov 5 (Reuters) - Abu Dhabi’s government said on Tuesday it was launching a new company, EDGE, that will invest in defence technology.

“The new company will invest and bring advanced defence technologies to the market,” EDGE chief executive and managing director, Faisal al-Bannai, said at the ceremony. The company will employ about 12,000 people.

The launch was made at a ceremony attended by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nayhan. Oil-rich Abu Dhabi is the largest and the wealthiest member of the United Arab Emirates federation. (Reporting Stanley Carvalho, writing by Maher Chmaytelli; Editing by Jon Boyle)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below