Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Abu Dhabi gears up to unify defence services businesses  Join our daily free Newsletter

MENAFN - Khaleej Times - 04/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Platform to accelerate development of technological capabilities

Mubadala development company tawazun holding and emirates advanced investments have shown their interest to explore the synergy opportunities that could be created by the unification of their defence services businesses.


Homaid al shemmari saif mohamed al hajeri and obeid al mansouri at the signing ceremony in abu dhabi on thursday. — supplied photo


An mou signed at the international exhibition for security and national resilience (isnr) in abu dhabi will form the basis of discussions regarding the creation of a single integrated abu dhabi-based defense services platform.


Benefits that could be realized from the creation of an integrated platform include economies of scale supply chain rationalisation and a single point of contact for customers.


The creation of an integrated platform would also help to accelerate the development of technological capabilities and drive additional employment opportunities for uae citizens.


Homaid al shemmari chief executive officer aerospace and engineeringervices at mubadala development company said that the three companies currently manage a range of complementary defense services businesses. “there is a clear opportunity to combine our related assets to the benefit of the uae’s wider defense sector as well as our local and international customers. we believe an integrated defense services platform can drive both technological advancement and job creation”


Unifying the capabilities presents an opportunity to further catalyse the growth of these businesses said saif mohamed al hajeri chief executive officer tawazun holding. “all the parties involved stand to benefit from a successful outcome of these discussions” al hajeri said.


Obeid al mansouri ceo emirates advanced investments group said the consolidation of the businesses will deliver benefits to all stakeholders. each of the businesses has already delivered impressive growth and their unified potential is even greater. these discussions are a clear indication of the potential that will be created by the combined growth of our businesses he said.


— haseeb?khaleejtimes.com

 


Khaleej Times




  MENA News Headlines
 Sep 27 2016 - Goldplat, Highland Gold, Kodal Minerals, Gemfields, Kefi Minerals, Savannah Resources, SolGoldProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) SP Angel, Mon Goldplat* (LON:GDP) – Results improve as Goldplat recovers from disastrous year Highland Gold (LON:HGM) – Interim results Kodal Minerals* ...

 Sep 27 2016 - Oil price, Victoria Oil & Gas, Lamprell, Velocys, Egdon/EOG/Union Jack. And finally...ProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) Malcolm Graham-Wood, Mon Oil price The 'Opec' meeting scheduled for Wednesday and looked forward to by so many bystanders looks like being a farce but don't ...

 Sep 27 2016 - Aid enters Syria's Madaya, other besieged townsMENAFN
(MEANFN) The International Committee of the Red Cross said that aid has been delivered to four besieged towns in Syria for the first time in almost six months.In detail, seventy-one lorries reached ...

 Sep 27 2016 - Saudi women put hands together to end guardianship systemMENAFN
(MENAFN) A petition signed by more than 14,000 Saudi women calling for an end to the country's male guardianship system is being handed to the government.Women must have the consent of a male ...

 Sep 27 2016 - Obama worried about situation in AleppoMENAFN
(MENAFN) Amid an assault by Syrian government forces, US President Barack Obama has expressed "deep concern" about the situation in rebel-held parts of Aleppo.Medics in the city are struggling to ...

 Sep 27 2016 - Second round of rebel evacuations from central Homs startsMENAFN
(MENAFN) A Syrian official says a second round of rebel evacuations from the central city of Homs is under way.Homs governor says 120 men and their families are expected to depart Al Waer ...

 Sep 27 2016 - UAE- WATCH: Dh14m yacht catches fire in RAK, sinksKhaleej Times
(MENAFN - Khaleej Times) A luxury yacht went up in flames at Al Hamra Marina in the emirate of Ras Al Khaimah. The Dh14million vessel sank into the sea after it was completely destroyed, according ...

 Sep 27 2016 - UAE- Games Maker to changemaker: Ahamed Sulaiman's Olympic journeyKhaleej Times
(MENAFN - Khaleej Times) Indian national Ahamed Sulaiman - the just returned Games Maker from the Rio Olympics and Summer Paralympics 2016 - is a true inspiration for all the hardworking blue collar ...

 Sep 27 2016 - 'Youth should be proud of UAE's presence in Yemen'Khaleej Times
(MENAFN - Khaleej Times) Emirati youth are urged to keep themselves better informed on current world issues, broaden their perspectives, and read more. This is particularly pertinent in order to ...

 Sep 27 2016 - UAE- Regulation must with drone sales soaring: Aviation bodyKhaleej Times
(MENAFN - Khaleej Times) The UAE General Civil Aviation Authority (GCAA) is currently working with companies selling drones in the country to inform all their customers on the regulations around ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help