22 Nov 2019

Prince of Abu Dabi introduces EDGE to improve defence industrial capabilities

Mohamed bin Zayed, Crown Prince of Abu Dabi, has inaugurated EDGE to improve UAE defence industrial capability.

Sheikh Mohamed bin Zayed Al Nahyan, Deputy Supreme Commander of the UAE Armed Forces, has created EDGE to improve UAE defence industrial technology. The company aims to improve UAE status as a global technology power and evolve national security technology beyond defence.

EDGE consolidates 25 entities including subsidiaries from the Emirates Advanced Investments Group (EAIG), Tawazun Holding and other independent organisations, and the Emirates Defence Industries Company (EDIC). EDGE aims to improve the rate of innovation and attract industry experts from around the world.

CEO and Managing Director of Edge His Excellency Faisal Al Bannai said: “EDGE will invest extensively across R&D, working closely with front-line operators to design and deploy practical solutions that address real world challenges.”

“The solution to address hybrid warfare, lies at the convergence of innovations from the commercial world and the military industry. Established with a core mandate to disrupt an antiquated military industry generally stifled by red tape, EDGE is set to bring products to market faster and at more cost-effective price points.”

Chief Executive Officer of Tawazun Economic Council His Excellency Tareq Abdul Raheem Al Hosani said: “We are invested in managing the uncertainty that technology brings by adapting our focus and capabilities towards a sustainable defence and security industry.”

“EDGE will help us transform our domestic capabilities, while growing our engagements on defence and security exports.”

In 2018, the UAE topped the Global Innovation Index for the Arab world. EDGE aims to help the UAE to retain and expand that foremost position.

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