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06-11-19
New advanced Tech Company inaugurated in UAE
(MENAFN) Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Mohamed bin Zayed Al Nahyan, today launched EDGE, a company set to reposition the UAE as a notable global player in advanced technology.
With the digital era creating extraordinary challenges and opportunities, EDGE is sited to disrupt capabilities across a wide breadth of industries.
Starting with breakthrough innovations in the high investment defense sector, and with a priority on national security, EDGE is consolidating more than 25 entities, including subsidiaries from the Emirates Defense Industries Company (EDIC), Emirates Advanced Investments Group (EAIG), Tawazun Holding, and other independent organizations.
CEO and managing director, EDGE, Faisal Al Bannai, said: "EDGE will invest extensively across R&D, working closely with front-line operators to design and deploy practical solutions that address real world challenges."
MENAFN0611201900450000ID1099230273
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