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English news

20-Feb-2017

UAE awards AED4.5bn deals at defence fair

The UAE awarded AED4.5bn (USD1.2bn) in military procurement deals on Sunday, part of a total of AED20bn worth of purchases it expects to make at a defence fair this week, a spokesman from the expo said. The deals awarded to local and international companies on Sunday included a AED2bn award to the UAE's NIMR Automotive, part of Tawazun Holdings, for the supply of 400 armoured vehicles to the UAE Armed Forces, Rashid al Shamsi, a spokesman of the International Defence Exhibition (Idex), said. (Reuters) 

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