Abu Dhabi-based Nimr, part of defence conglomerate Edge, has signed an agreement with Saudi Arabian Military Industries (Sami) to transfer technology for manufacturing JAIS 4x4 military vehicles in the kingdom.
The two companies signed the deal during the World Defence Show 2022 held in Riyadh this week. Nimr and Sami had signed a co-operation agreement during the International Defence Exhibition (Idex) held in Abu Dhabi last year.
“The new agreement further solidifies the partnership between Sami and Nimr,” Walid Abukhaled, chief executive of Sami, said on Thursday.
“With this manufacturing licence agreement, we at Sami are taking a huge step towards our mission to develop world-class defence technologies and systems within Saudi Arabia, in line with the Vision 2030 objective to localise 50 per cent of the kingdom’s military spending.”
Gulf countries, particularly the UAE and Saudi Arabia, are working to localise manufacture of military equipment as they focus on reducing their economic reliance on oil.
Sami, which operates through five main divisions, aims to generate $5 billion in annual sales by 2025 as it looks to become one of the top 25 defence companies in the world. The company is owned by the kingdom’s sovereign wealth fund, the Public Investment Fund.
Nimr is one of the 25 entities that make up Edge — a defence group formed in 2019 that specialises in developing advanced technology for weapons systems, cyber protection and electronic warfare.
Other businesses in the conglomerate include Adasi, Abu Dhabi Ship Building and arms manufacturer Caracal.
“It is truly a defining moment for us to enter the first major defence procurement programme between the UAE and Saudi Arabia,” said Abri du Plessis, chief executive of Nimr.
Nimr plans to export its military vehicles to more countries. It unveiled its second-generation Ajban 4x4 and Hafeet 6x6 armoured vehicles during Idex last year.
Saudi Arabia signed deals worth 29.7bn Saudi riyals ($7.9bn) during its inaugural World Defence Show, which concluded this week.
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Cricket World Cup League 2
UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs
UAE fixtures
Free admission. All fixtures broadcast live on icc.tv
Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium
Sholto Byrnes on Myanmar politics
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
The schedule
December 5 - 23: Shooting competition, Al Dhafra Shooting Club
December 9 - 24: Handicrafts competition, from 4pm until 10pm, Heritage Souq
December 11 - 20: Dates competition, from 4pm
December 12 - 20: Sour milk competition
December 13: Falcon beauty competition
December 14 and 20: Saluki races
December 15: Arabian horse races, from 4pm
December 16 - 19: Falconry competition
December 18: Camel milk competition, from 7.30 - 9.30 am
December 20 and 21: Sheep beauty competition, from 10am
December 22: The best herd of 30 camels