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Signing of a memorandum of understanding between the Emirates Group for Investment and Hanhwa

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UAE Ambassador Abdullah Al Nuaimi attended the signing ceremony of the Memorandum of Understanding between the Emirates Advanced Investment Group and Hanhwa in the defense industries..

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http://www.eaig.ae/index.php/subsidiaries/emirates-advanced-research-and-technology-holding-llc/
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It is worthy to note that the UAE has signed a Memorandum of Understanding (MoU) with three large industrial conglomerates..this will be one of the most important steps in its history to pursue a global defense industry.

The agreement included:

AMD - a defensive umbrella in South Africa that includes defense companies in South Africa in all sectors (land, sea and air).

NDCC - the UAE defense umbrella, which includes UAE defense companies in all sectors.

KIDA - Korea's defensive umbrella, which includes Korean defense companies in all sectors.

SaSaD - Turkish Umbrella for Turkish defense companies with their various characteristics.


This agreement will bring everyone to one table to start implementing joint projects in all sectors and exchange knowledge and experience between all umbrellas.

It is an alliance of more than 400 defense companies in all fields.
 

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