200 Arab firms back defence expos
Abu Dhabi, January 31, 2011
More than 200 companies from Arab nations have confirmed their participation at two major defence and security exhibitions upcoming in Abu Dhabi.
International Defence Exhibition (Idex), the largest tri-service defence exhibition in the Mena region, and Naval Defence Exhibition (Navdex), which is dedicated to the naval defence, coastal and maritime security sector, will run in parallel from February 20 to 24 at the Abu Dhabi National Exhibition Centre.
Griffon Aerospace, TLD Group, NP Aerospace and Hawker Pacific, will offer aerospace vehicle manufacture, ground support, personal protection and aviation sales, a statement said.
Jordan Light Vehicle Manufacturing will exhibit its range of light combat and transport vehicles, while Tawazun Holding, a government-owned company, will showcase its range of industrial and commercial ventures.
In the area of naval defence, participation will be seen from Abu Dhabi Ship Building, a world-class ship builder, specialising in the construction, repair, refit, and upgrade of naval, military and commercial vessels.
Abu Dhabi Mar, specialising in the building and refitting of yachts, stellar composites specialising in consumer and defence vessels, and Ocean Power International, suppliers of Thordon Bearings will be among the other companies taking part in the events.
“We are seeing an emerging role for Arab nations in the defence sector; while this region is still investing heavily on importing technologies, the manufacturing and supply capabilities in the region, have also ramped up in the last few years,” said Mohamed Al Mashgouni, Idex 2011 show director.
“In line with this, nearly 10 per cent of our exhibitors at this edition are from the region - providing a strong backdrop for this year’s show. Exhibitors from the Arab world, will therefore definitely, be among the ones to watch this year."
The GCC and Jordan defence budget is expected to hit $68 billion in 2011, growing to around $80 billion by 2015, while overall defence spending in the Middle East is also expected to cross $100 billion by 2015, according to recent research by Frost & Sullivan, a top business and research and consulting firm. – TradeArabia News Service
More Miscellaneous Stories
- Saudi firm delays Sudan deal over dollar curbs
- Saudi dairy approves $26m dividends
- Sudan to sell stakes in four sugar plants
- Abu Dhabi chosen for incentive by Openwork
- Talabat online deliveries hit record 3m
- Bahrain’s food usage rate to top CAGR of 2pc
- Jotun launches coatings for home products
- Home security sales surging in Bahrain
- Gulf naval drill highlights mine risk to shipping
- Panasonic donates solar lights to kenya village