• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
UAE weapons show draws major deals, traders despite pandemic

UAE weapons show draws major deals, traders despite pandemic

February 22, 2021
Man City win 20th straight game to lead by 13 points

Man City win 20th straight game to lead by 13 points

February 28, 2021
Nigeria seeks asset managers for $2.6bn infrastructure firm

Nigeria seeks asset managers for $2.6bn infrastructure firm

February 28, 2021
KSrelief provides medical aid to Yemenis

KSrelief provides medical aid to Yemenis

February 28, 2021
Municipalities monitor COVID-19 rule violations across KSA

Municipalities monitor COVID-19 rule violations across KSA

February 28, 2021
KSU and Saudi Authority for Intellectual Property sign exchange deal

KSU and Saudi Authority for Intellectual Property sign exchange deal

February 28, 2021
G20 vows multilateral approach to tackle crises

G20 vows multilateral approach to tackle crises

February 28, 2021
Deal signed to stimulate Saudi private sector

Deal signed to stimulate Saudi private sector

February 28, 2021
UK to allocate $17bn for new infrastructure bank

UK to allocate $17bn for new infrastructure bank

February 28, 2021
S. Africa proposes new rules to boost economy

S. Africa proposes new rules to boost economy

February 28, 2021
Weekly energy recap: February 26, 2021

Weekly energy recap: February 26, 2021

February 28, 2021
Hundreds rally in violent anti-lockdown protest in Ireland

Hundreds rally in violent anti-lockdown protest in Ireland

February 28, 2021
US authorises J&J Covid vaccine for emergency use

US authorises J&J Covid vaccine for emergency use

February 28, 2021
ADVERTISEMENT
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, February 28, 2021
  • Login
The Nizh Telegram
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Nigeria seeks asset managers for $2.6bn infrastructure firm

    Nigeria seeks asset managers for $2.6bn infrastructure firm

    KSrelief provides medical aid to Yemenis

    KSrelief provides medical aid to Yemenis

    Municipalities monitor COVID-19 rule violations across KSA

    Municipalities monitor COVID-19 rule violations across KSA

    KSU and Saudi Authority for Intellectual Property sign exchange deal

    KSU and Saudi Authority for Intellectual Property sign exchange deal

    G20 vows multilateral approach to tackle crises

    G20 vows multilateral approach to tackle crises

    Deal signed to stimulate Saudi private sector

    Deal signed to stimulate Saudi private sector

    UK to allocate $17bn for new infrastructure bank

    UK to allocate $17bn for new infrastructure bank

    S. Africa proposes new rules to boost economy

    S. Africa proposes new rules to boost economy

    Weekly energy recap: February 26, 2021

    Weekly energy recap: February 26, 2021

    Hundreds rally in violent anti-lockdown protest in Ireland

    Hundreds rally in violent anti-lockdown protest in Ireland

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech
    • All
    • Apps
    • Gear
    • Mobile
    • Startup
    This anonymous hero is selling photos of the PS5 on eBay for speculative bots to buy

    This anonymous hero is selling photos of the PS5 on eBay for speculative bots to buy

    This was the TENDER reunion between Luis Miguel and his first LOVE after 30 years

    This was the TENDER reunion between Luis Miguel and his first LOVE after 30 years

    Ubisoft and Epic are giving gifts to gamers for Christmas

    Ubisoft and Epic are giving gifts to gamers for Christmas

    Huawei opens its search engine to all mobile phones and will compete with Google

    Huawei opens its search engine to all mobile phones and will compete with Google

    Buy PS5: 1 & 1 offers you a Sony PlayStation 5…

    Buy PS5: 1 & 1 offers you a Sony PlayStation 5…

    CPUs on the Horizon: New Notes on Rocket Lake, Alder Lake,…

    CPUs on the Horizon: New Notes on Rocket Lake, Alder Lake,…

    Between Us Hackers: Who is Eris Loris and How to Respond…

    Between Us Hackers: Who is Eris Loris and How to Respond…

    “By the numbers” The new Majestic Cinema TV channel 2020 frequency…

    “By the numbers” The new Majestic Cinema TV channel 2020 frequency…

    First degree murder charge filed against accused of hitting surfer Brian Ramos

    First degree murder charge filed against accused of hitting surfer Brian Ramos

    You can now check Xbox Series X / S and PS5…

    You can now check Xbox Series X / S and PS5…

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Man City win 20th straight game to lead by 13 points

    Man City win 20th straight game to lead by 13 points

    The streets of Riyadh to light-up again for race two of the Diriyah E-Prix

    The streets of Riyadh to light-up again for race two of the Diriyah E-Prix

    Al-Shabab president Al-Baltan hit with two-month ban for his part in racism row

    Al-Shabab president Al-Baltan hit with two-month ban for his part in racism row

    Solskjaer wary of Chelsea challenge in battle for top four

    Solskjaer wary of Chelsea challenge in battle for top four

    Nyck de Vries makes history by winning Diriyah E-Prix in first ever Formula E night race

    Nyck de Vries makes history by winning Diriyah E-Prix in first ever Formula E night race

    New partnership aiming to drive Jaguar Racing towards Formula E championship challenge

    New partnership aiming to drive Jaguar Racing towards Formula E championship challenge

    UAE to organise first international virtual table tennis tournament

    UAE to organise first international virtual table tennis tournament

    CAF lift ban on Libya hosting games

    CAF lift ban on Libya hosting games

    EFA disclose new dates for postponed Cairo derby

    EFA disclose new dates for postponed Cairo derby

    ENPPI boss Helmy Toulan contracts coronavirus

    ENPPI boss Helmy Toulan contracts coronavirus

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Multi-million dollar renovation underway in 2021 for Fairmont El San Juan Hotel

    Multi-million dollar renovation underway in 2021 for Fairmont El San Juan Hotel

    Southwest asks its employees to accept salary cuts to avoid layoffs

    Southwest asks its employees to accept salary cuts to avoid layoffs

    Celebran huella de exgobernador Luis A. Ferré en el turismo

    Celebran huella de exgobernador Luis A. Ferré en el turismo

    Turismo interno lidera la recuperación de Airbnb en Puerto Rico

    Turismo interno lidera la recuperación de Airbnb en Puerto Rico

    Couple acquires the Parguera Plaza Hotel for $ 1.3 million

    Couple acquires the Parguera Plaza Hotel for $ 1.3 million

    Europe will be key in the reactivation of foreign travel spending in the Caribbean

    Europe will be key in the reactivation of foreign travel spending in the Caribbean

    Airbnb launches online extracurricular learning experiences for kids

    Airbnb launches online extracurricular learning experiences for kids

    Uber urges taxi drivers to join its mobile app

    Uber urges taxi drivers to join its mobile app

    Injection of $ 300 million in the renovation of the El Conquistador and Ritz-Carlton hotels

    Injection of $ 300 million in the renovation of the El Conquistador and Ritz-Carlton hotels

    Tourism Alliance for Puerto Rico will present its proposals to the candidates for governor

    Tourism Alliance for Puerto Rico will present its proposals to the candidates for governor

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
The Nizh Telegram
No Result
View All Result
Home News

UAE weapons show draws major deals, traders despite pandemic

Sarah Tomson by Sarah Tomson
February 22, 2021
in News
Reading Time: 4 min
0
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

22.02.2021
17:57
UAE weapons show draws major deals, traders despite pandemic

UAE weapons show draws major deals, traders despite pandemic

RelatedPosts

Nigeria seeks asset managers for $2.6bn infrastructure firm

KSrelief provides medical aid to Yemenis

Municipalities monitor COVID-19 rule violations across KSA

We show you our most important and recent visitors news details UAE weapons show draws major deals, traders despite pandemic in the following article

Hind Al Soulia – Riyadh – The UAE unveiled $1.36 billion in local and foreign arms deals to supply its forces with everything from South African drones to Serbian artillery.

Deputy Prime Minister and Minister of Presidential Affairs Sheikh Mansour bin Zayed Al Nahyan tours the 15th edition of the International Defence Exhibition and Conference (IDEX 2021), at the Abu Dhabi National Exhibition Centre. (wam)

ABU DHABI – In spite of the surging coronavirus pandemic, major arms makers descended Sunday on a convention centre in Abu Dhabi, the capital of the United Arab Emirates, hoping to make deals with militaries across the Middle East.

The United Arab Emirates Armed Forces signed 5 billion dirhams ($1.36 billion) in defence contracts with local and international firms, spokesman Staff Brigadier General Mohammed al-Hassani said.

The UAE unveiled $1.36 billion in local and foreign arms deals to supply its forces with everything from South African drones to Serbian artillery. Although the figure surpasses the 2019 show’s opening announcement, defence experts anticipate a drop in military spending this year as the pandemic and slumping global oil prices squeeze budgets in the Arabian Gulf.

The biennial trade fair, the International Defence Exhibition and Conference, is Abu Dhabi’s first major in-person event since the outbreak of the virus — a sign of its significance to the oil-rich country that has maintained tight movement restrictions in recent months.

Zoom wouldn’t suffice for the 70,000 attendees and 900 exhibitors who rely on the largest weapons expo in the Mideast to scout for potential clients and hawk their latest wares, from armoured vehicles to ballistic missiles.

Top Emirati officials, including Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, were on hand, wandering between displays of rifles, rockets and bombs.

But with hand sanitizer as ubiquitous as sterile drone displays, the pandemic’s effects remained visible. Significant national pavilions were absent, including the United States, the world’s largest arms exporter.

Big American companies turned up but kept a low profile. Lockheed Martin representatives standing beside models of stealth F-35 fighters were present.

Israeli COVID-19 restrictions also prevented it from joining the expo, which would have been a first after it normalised relations with the UAE last year.

Scores of other countries had no qualms showing up during the pandemic, underscoring how many have boosted their arms exports in the region. The flow of weapons in the Middle East has increased by 61% over the past five years, according to a recent report from the Stockholm International Peace Research Institute, amid grinding proxy wars in Libya, Syria and Yemen.

China, which boasts the world’s second-largest arms-manufacturing industry, enticed passers-by with a real-sized ballistic missile called “Fire Dragon.” At state-owned Norinco, business manager Luo Haopeng remarked that China had increased its floor space this year. Beyond his company “serving” Emirati ground forces, he declined to elaborate on its ambitions in the Middle East, where China has already sold armed drones to Iraq, the UAE and Saudi Arabia.

“This kind of equipment is not like food or clothes,” he said, gesturing toward the giant missile display. “It’s all related to politics.”

At Russia’s pavilion, Chechen regional leader Ramzan Kadyrov inspected a vast array of Kalashnikovs. Not far off Poland’s WB Group showed glitzy sales videos of its “suicide drone” plummeting from great heights to blast away armoured vehicles. Azerbaijan had shown interest in the system during its border conflict with Armenia last year, communications director Marta Lazewska said, when Turkish drones helped turn the tide in its favour.

At the pavilion for Saudi Arabia, ranked the world’s largest weapons importer over the last five years, officials were trying to promote the kingdom as an emerging defense giant under its so-called Vision 2030. The programme, pushed by Crown Prince Mohammed bin Salman bin Abdulaziz, aims to break the country’s import addiction, diversify its economy away from oil and localize more than half of its military spending.

Despite its radar and US Patriot missile batteries, Saudi Arabia increasingly has been at risk of cross-border attack by Yemen’s Iran-allied Houthi militias, which earlier this month launched bomb-laden drones that slammed into an empty passenger plane at the country’s south-western Abha airport. A Saudi-led military coalition has been at war with the Houthis since 2015, after the militias ousted the internationally-recognised government from the capital. The conflict has created what the United Nations has called the world’s worst humanitarian crisis.

“The threats are obvious lately,” said Walid Abukhaled, CEO of Saudi Arabian Military Industries Company, a holding company owned by the country’s sovereign wealth fund. “You have drones that come from aggressive countries … you have some missiles fired every now and then.”

Routine aerial attacks and rising tensions with Iran could help fuel military spending in the region even as defense intelligence provider IHS Janes expects such expenditures in the Gulf to drop 9.4% to $90.6 billion in 2021, a result of the economic destruction wrought by the pandemic.

“We’ve come back to the early part of 2020 where again Iran is a potentially big threat,” said Charles Forrester, senior analyst at Janes, referring to a series of escalating incidents that pushed the US and Iran to the brink of war last year.

“If Iran goes into a major rearmament programme or starts to flex its muscles, that’s where missile defence and air defence systems come in,” he said. “As we’ve seen, a very simple system can attack you.”

These were the details of the news UAE weapons show draws major deals, traders despite pandemic for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new. It is also worth noting that the original news has been published and is available at The Arab Weekly and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

Share197Tweet123Share49
ADVERTISEMENT
Sarah Tomson

Sarah Tomson

Related Posts

Nigeria seeks asset managers for $2.6bn infrastructure firm

Nigeria seeks asset managers for $2.6bn infrastructure firm

by Sarah Tomson
February 28, 2021
0

28.02.2021 04:55 Nigeria seeks asset managers for $2.6bn infrastructure firm Thank you for reading the news about Nigeria seeks asset...

KSrelief provides medical aid to Yemenis

KSrelief provides medical aid to Yemenis

by Sarah Tomson
February 28, 2021
0

28.02.2021 02:56 KSrelief provides medical aid to Yemenis Thank you for reading the news about KSrelief provides medical aid to...

Municipalities monitor COVID-19 rule violations across KSA

Municipalities monitor COVID-19 rule violations across KSA

by Sarah Tomson
February 28, 2021
0

28.02.2021 02:56 Municipalities monitor COVID-19 rule violations across KSA Thank you for reading the news about Municipalities monitor COVID-19 rule...

KSU and Saudi Authority for Intellectual Property sign exchange deal

KSU and Saudi Authority for Intellectual Property sign exchange deal

by Sarah Tomson
February 28, 2021
0

28.02.2021 02:56 KSU and Saudi Authority for Intellectual Property sign exchange deal Thank you for reading the news about KSU...

  • Trending
  • Comments
  • Latest
Former MDO Anthony Galindo is in poor health

Former MDO Anthony Galindo is in poor health

September 29, 2020
Cyberpunk 2077 already has its porn parody

Cyberpunk 2077 already has its porn parody

December 10, 2020
The number of drownings in the bodies of water of Puerto Rico alarms

The number of drownings in the bodies of water of Puerto Rico alarms

October 4, 2020

Hello world!

1
Man City win 20th straight game to lead by 13 points

Man City win 20th straight game to lead by 13 points

0

Watch Justin Timberlake’s ‘Cry Me a River’ Come to Life in Mesmerizing Dance

0
Man City win 20th straight game to lead by 13 points

Man City win 20th straight game to lead by 13 points

February 28, 2021
Nigeria seeks asset managers for $2.6bn infrastructure firm

Nigeria seeks asset managers for $2.6bn infrastructure firm

February 28, 2021
KSrelief provides medical aid to Yemenis

KSrelief provides medical aid to Yemenis

February 28, 2021
The Nizh Telegram

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2017 JNews.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In