The 4-day Abu Dhabi Military Industry Show concluded with 55 local and international deals between the UAE and companies showcasing their military products from Europe and Asia.

An RT correspondent reported that the value of these transactions amounted to 23.34 billion dirhams (more than 6.354 billion US dollars), an increase of 12% compared to last year.

From February 20 to 24, the events of the sixteenth session of the International Defense Exhibition “IDEX 2023” and the seventh session of the naval exhibition “NAVDEX 2023” were held.

IDEX is one of the most important exhibitions in the world and the largest in the region, more than 1350 local and international companies from 65 countries took part in it. For the first time, nine new countries participated in it, namely: Uzbekistan, Ireland, Nigeria, Montenegro, Lithuania, Kuwait, Bangladesh, Colombia, in addition to Monaco.

Russia, represented by Rosoboronexport, which manages the export of Russian weapons and military equipment, took an active part in the defense exhibition, as the company will present 200 samples of Russian weapons at the exhibition.

Source: RT

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Robin Jackson is the editor-in-chief at 24PalNews. As an editor and author who covers business and finance, Robin shares the latest business news, trends, and insights with his extensive audience.

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