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IDEX 2021: Deals worth Dh2 billion inked on Day 4 of Abu Dhabi exhibition

Ashwani Kumar /Abu Dhabi
ashwani@khaleejtimes.com Filed on February 24, 2021
Photo by Ryan Lim / Khaleej Times

The total value of Idex deals closed now stands at Dh20 billion.

The UAE Armed Forces on Wednesday announced signing 24 new deals worth Dh2 billion at the ongoing defence exhibition in Abu Dhabi. The total value of deals closed by the end of the fourth day of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) now stands at Dh20 billion.

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Eighteen local and six international companies secured contracts on the expo's penultimate day, said Staff Brigadier-General Mohammed Al Hassani, official spokesperson for the exhibitions.

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“A total amount of Dh2,140,444,063 worth of deals were awarded. Local companies accounted for 66 per cent and international companies 34 per cent of the total value of the deals,” Al Hassani said during a Press conference. The defence exhibition will run until Thursday.

author

Ashwani Kumar

I am a newspaperman from the emirate of Abu Dhabi. A journalist at heart. I get my stories from the streets. A south Indian born in the Hindi heartland, I easily connect with people from different nationalities and cultures. I am calm like a monk, sensitive and very patient reporter. On the ground, I cover a range of topics related to community, health, embassy, tourism, transport, business and sports. I will go out on a leg to do what’s right and stand by what I believe in.





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