This trend can be mainly attributed to factors like the growing presence of high net-worth individuals and the UAE’s removal from the FATF’s grey list
realty3 hours ago
Israel Aerospace Industries (IAI) will open an office in the UAE in the coming weeks.
The new office will strengthen IAI's growing cooperation with the local and regional governments, industries, companies and academia. It will also provide additional business opportunities for future collaborations on technological developments in the defence and civilian sectors, IAI said in a statement issued on Thursday.
The announcement follows the company's historic participation at the Dubai Airshow, during which a number of cooperation agreements were signed, including with Emirates Airlines on cargo conversions and with the defence company EDGE on developing advanced unmanned surface vessels (USVs) and electro-optics.
These agreements follow a successful year of cooperation between IAI and other Gulf-based companies, including Etihad Airways, Gulf Air, and G-42.
During the prestigious Dubai Airshow, a variety of esteemed guests visited IAI’s stand, including top leaders of the UAE.
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In addition, top government and military officials from the UAE and other countries across the world stopped by IAI’s stand and held fruitful meetings with the company’s delegation.
The Airshow followed IAI’s participation in the International Astronautical Congress (IAC) in Dubai last month. Opening an office in the UAE is a testament to IAI’s growing collaboration with the UAE and the region as a whole, said the statement.
This trend can be mainly attributed to factors like the growing presence of high net-worth individuals and the UAE’s removal from the FATF’s grey list
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