UAE’s Tawazun signs $6.3bn defence deals at Dubai Airshow
Tawazun Council , a government entity that works closely with the UAE Ministry of Defence (MoD), announced that it signed deals cumulatively worth Dhs23.1bn ($6.28bn) at the recently concluded airshow. This announcement was made on the the final day of the airshow which saw 10 deals, worth Dhs1.415bn ($383m), signed with local and international companies. […]
Abu Dhabi’s Yahsat to invest $100m in T4-NGS satellite programme
Abu Dhabi satellite operator Yahsat Group plans to allocate more than $100m towards capital expenditures in 2023 as part of the ‘T4-NGS’ satellite programme, according to state-run news agency WAM. The programme, the next-generation telecommunications system for Thuraya, is scheduled to become operational in the first half of 2025 with a total cost of […]