The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

UAE EDGE, Spain EM&E Plan $1.5B Defence JV

UAE EDGE, Spain EM&E Plan $1.5B Defence JV

Post by : Bianca Haleem

The UAE’s EDGE Group and Spain’s EM&E Group have signed an agreement to explore the creation of a UAE-based joint venture backed by a commercial pipeline worth approximately $1.5 billion.

The signing ceremony took place at EM&E Group’s headquarters in Spain and was attended by the UAE Ambassador to Spain, Saleh Ahmad Salem Alzaraim Alsuwaidi. The agreement was signed by Hamad Al Marar, Managing Director and CEO of EDGE Group, and Fernando Fernández, CEO of EM&E Group.

Under the agreement, EM&E Group will provide its latest advanced remote weapon station technologies to the UAE and other global markets. The companies also plan to expand their cooperation into the co-development of additional defence systems through the proposed joint venture in the UAE.

The new company is expected to build a skilled workforce in the UAE, covering areas such as sales, engineering, and programme management. This move will create high-value job opportunities in advanced defence technologies and support the co-development and adaptation of future defence systems.

Hamad Al Marar said the partnership will strengthen EDGE’s position in key markets and speed up its capabilities in advanced weapon systems. He highlighted that combining European defence expertise with EDGE’s wide range of air, land, and maritime platforms will provide a strong competitive advantage to customers.

He added that the agreement sets a clear path for deeper industrial cooperation with Spain’s defence sector and supports the UAE’s goal of becoming a hub for next-generation defence technology.

Fernando Fernández described the alliance as a major milestone in EM&E Group’s international expansion. He said the collaboration recognises the advanced engineering developed in Spain and will enhance export capabilities while supporting the development of innovative defence solutions.

The partnership and the planned joint venture mark an important step in strengthening industrial cooperation between the UAE and Spain. By combining EM&E’s engineering expertise with EDGE’s defence ecosystem, both companies aim to drive technological growth, create specialised jobs, and expand their presence in global defence markets.

Feb. 26, 2026 1:08 p.m. 2083
Global News UAE News World News

More Trending News

Featured Stories

Trump Says US Is Holding Productive Talks With Iran
Oct. 9, 2026 5:37 p.m.
Trump says US-Iran talks are productive and rules out an attack before the November 3 midterm elections
Read More
Two Killed, Four Injured in Russia's Belgorod Region
Oct. 9, 2026 5:15 p.m.
Two people were killed and four injured, including a child, in reported shelling in Russia's Belgorod region
Read More
Putin Offers Russia's Help to Iran on Middle East War
Oct. 9, 2026 4:50 p.m.
Russia offers help in resolving the Middle East conflict as Putin meets Iran's president in Turkmenistan for diplomatic talks
Read More
WTO Raises 2026 Global Goods Trade Growth Forecast to 3.9%
Oct. 9, 2026 12:26 p.m.
The WTO raises its 2026 global goods trade growth forecast to 3.9%, supported by AI investments and supply chain resilience
Read More
Oman Graduates Fourth Batch of Rafid Smart Cities Programme
Oct. 9, 2026 10:08 a.m.
Oman graduates 20 participants from Rafid’s Smart Cities Programme at a major urban planning event in Muscat
Read More
Oil Prices Rise on Middle East Supply Concerns
Oct. 8, 2026 4:26 p.m.
Oil prices rose as Middle East supply concerns continued, while falling US crude inventories supported prices
Read More
Nepal Suspends Search for Flood Missing
Oct. 8, 2026 4:21 p.m.
Nepal suspends flood searches after 1,455 bodies were recovered, with 5,285 people still reported missing
Read More
Gold Prices Recover From Two-Month Low
Oct. 8, 2026 4:10 p.m.
Gold prices recovered from a two-month low as investors assessed Federal Reserve rate policy and market conditions
Read More
Dollar Holds Near 18-Month High as Fed Signals Caution
Oct. 8, 2026 3:22 p.m.
The dollar stayed near an 18-month high as markets assessed Federal Reserve policy and inflation concerns
Read More
Sponsored