UAE spends billions on home-grown arms at defence fair ...Middle East

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UAE spends billions on home-grown arms at defence fair
source : Daily Sun ( Middle East ) () 19
DUBAI: The United Arab Emirates splashed out billions on arms from home-grown firms at a defence fair in Abu Dhabi this week, underlining a shift away from Western suppliers.By the end of the five-day show on Friday, the Gulf state had signed more than 50 deals worth $6.3 billion, the official WAM news agency said.They include at least $5.9 billion signed with local firms at the International Defence Exhibition (IDEX) and the Naval Defence and Maritime Security Exhibition (NAVDEX).It highlights the UAE's strong support for domestic firms including EDGE, a consortium that was set up in 2019. The oil-rich monarchy also focused on local companies when it spent $5.7 billion at the biennial arms

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