UAE’s EDGE Group Forges $1.5 Billion Defence Joint Venture With Spain’s EM&E

3 Min Read

Abu Dhabi-based EDGE Group has signed a significant agreement with Spain’s EM&E Group to explore the establishment of a UAE-based joint venture. The new entity will be supported by a commercial pipeline estimated at approximately $1.5 billion, marking a major step in bolstering the UAE’s advanced technology and defence sector.

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

A Strategic Alliance for Defence Innovation

Under the framework of the new partnership, EM&E Group will contribute its advanced remote weapon station technologies for deployment in the UAE and subsequent international markets. The proposed joint venture is set to become a powerhouse for co-developing additional defence systems, strategically combining premier European engineering with EDGE’s robust multi-domain defence platforms across air, land, and maritime sectors.

This collaboration aims to leverage the strengths of both companies to accelerate technology development and expand access to high-level global defence markets.

Bolstering the UAE’s Defence Ecosystem

A key objective of the initiative is to cultivate a highly skilled local workforce in the UAE, creating high-value employment opportunities across sales, engineering, and programme management functions. This move is designed to solidify the UAE’s growing reputation as a leading international hub for the development of next-generation defence technology.

Hamad Al Marar stated that the partnership enhances EDGE’s capabilities in advanced weapon systems and strengthens its presence in priority markets.

Fernando Fernández described the alliance as a milestone in EM&E Group’s international expansion, emphasizing the powerful integration of Spanish engineering expertise with the UAE’s dynamic defence ecosystem.

About EDGE Group

EDGE is one of the world’s leading advanced technology and defence groups. Headquartered in Abu Dhabi, UAE, EDGE is a catalyst for change and disruption, dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency.

Source: MEA TechWatch

Share This Article