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Dhs20 billion worth of deals signed over first four days of IDEX and NAVDEX

Dhs20 billion worth of deals signed over first four days of IDEX and NAVDEX
24 Feb 2021
People visit military equipment on display during the International Defence Exhibition & Conference in Abu Dhabi.
The fourth day of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2021 has seen the UAE Armed Forces sign 24 new deals, worth Dhs2.140 billion, with local and international companies. The cumulative value of deals signed at IDEX and NAVDEX is now Dhs20.053 billion.
Staff Brigadier-General Mohammed Al Hassani, official spokesperson of the IDEX and NAVDEX exhibitions, said, "The total amount of deals with UAE companies amounted to Dhs1.42 billion, which accounts for 66 per cent of the total deal value, while the total amount of deals with international companies amounted to Dhs720 million, or 34 per cent of the total deal value.

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