Energy

UAE announces Middle East defense giant in the wake of Aramco attacks

0


ABU DHABI, UAE – OCTOBER 15, 2019: Crown Prince Mohammed bin Zayed Al Nahyan of the Emirate of Abu Dhabi.

Alexei Nikolsky | TASS | Getty Images

The effective ruler of the United Arab Emirates (UAE) announced Tuesday that 25 government-owned and independent companies are to combine to create one of the Middle East’s biggest defense groups.

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, who also acts as deputy supreme commander of the armed forces, announced combining the 25 firms to create a new conglomerate titled Edge.

The man selected to run Edge as both chief executive and managing director is Faisal Al Bannai, who was formerly a managing director at UAE cybersecurity company…



Source cnbc.com

People are going to the mall to eat at the food court, not shop: UBS

Previous article

Non-white cancer survivors are less likely to get the type of doctors they need

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Energy