• Charles Dufour of Cebair, with the Chimera, an anti-drone system. Victor Besa / The National
    Charles Dufour of Cebair, with the Chimera, an anti-drone system. Victor Besa / The National
  • Idex 2021, the first major in-person exhibition held in Abu Dhabi since the start of the Covid-19 pandemic, opened its doors on Sunday morning. Victor Besa / The National
    Idex 2021, the first major in-person exhibition held in Abu Dhabi since the start of the Covid-19 pandemic, opened its doors on Sunday morning. Victor Besa / The National
  • Abdulelah Al Mohaimeed, of Wahaj of Saudi Arabia, shows his company's 50-calibre heavy machine gun, at Idex 2021 in Abu Dhabi. Victor Besa / The National
    Abdulelah Al Mohaimeed, of Wahaj of Saudi Arabia, shows his company's 50-calibre heavy machine gun, at Idex 2021 in Abu Dhabi. Victor Besa / The National
  • Saeed Al Mansoori examines a Glock 9mm pistol at at Idex 2021. The event features up to 1,000 defence companies. Victor Besa / The National
    Saeed Al Mansoori examines a Glock 9mm pistol at at Idex 2021. The event features up to 1,000 defence companies. Victor Besa / The National
  • A model of the NHIndustries NH90 multi-role military helicopter on display at Idex 2021. Victor Besa / The National
    A model of the NHIndustries NH90 multi-role military helicopter on display at Idex 2021. Victor Besa / The National
  • Visitors view a Desert Sting-16 missile, built by UAE defence conglomerate EDGE, at Idex 2021. About 15 per cent of the 1,000 companies represented at event are Emirati. Victor Besa / The National
    Visitors view a Desert Sting-16 missile, built by UAE defence conglomerate EDGE, at Idex 2021. About 15 per cent of the 1,000 companies represented at event are Emirati. Victor Besa / The National
  • Idex 2021 is the first major in-person exhibition in Abu Dhabi since the start of the Covid-19 pandemic. International attendees do not need to quarantine, but must undertake regular PCR tests. Victor Besa / The National
    Idex 2021 is the first major in-person exhibition in Abu Dhabi since the start of the Covid-19 pandemic. International attendees do not need to quarantine, but must undertake regular PCR tests. Victor Besa / The National
  • Strict anti-coronavirus measures are in place at Idex 2021, including reminders for visitors to adhere to social distancing. Victor Besa / The National
    Strict anti-coronavirus measures are in place at Idex 2021, including reminders for visitors to adhere to social distancing. Victor Besa / The National
  • A robot mops the floor as visitors explore the 35,000 square metres of exhibition space at Idex 2021. Victor Besa / The National
    A robot mops the floor as visitors explore the 35,000 square metres of exhibition space at Idex 2021. Victor Besa / The National
  • Omar Al Matrooshi and Rashed Al Raess hold 9mm pistols made by Austrian manufacturer Glock. About 800 international companies are attending Idex 2021. Victor Besa / The National
    Omar Al Matrooshi and Rashed Al Raess hold 9mm pistols made by Austrian manufacturer Glock. About 800 international companies are attending Idex 2021. Victor Besa / The National
  • Omar Al Matrooshi and Rashed Al Raess examine Glock 9mm pistols at Idex 2021. There are 12 exhibition halls at the event. Victor Besa / The National
    Omar Al Matrooshi and Rashed Al Raess examine Glock 9mm pistols at Idex 2021. There are 12 exhibition halls at the event. Victor Besa / The National
  • Visitors examine sniper rifles made by UAE arms manufacturer Caracal, at Idex 2021. Victor Besa / The National
    Visitors examine sniper rifles made by UAE arms manufacturer Caracal, at Idex 2021. Victor Besa / The National
  • A close-up view of a 100-kilogram laser/satellite guided bomb at Idex 2021. Victor Besa / The National
    A close-up view of a 100-kilogram laser/satellite guided bomb at Idex 2021. Victor Besa / The National
  • Organisers expect 70,000 visitors to attend Idex 2021. Victor Besa / The National
    Organisers expect 70,000 visitors to attend Idex 2021. Victor Besa / The National
  • Visitors adhere to strict social distancing at Adex 2021, the first major in-person exhibition in Abu Dhabi since the start of the Covid-19 pandemic. Victor Besa / The National.
    Visitors adhere to strict social distancing at Adex 2021, the first major in-person exhibition in Abu Dhabi since the start of the Covid-19 pandemic. Victor Besa / The National.
  • A visitor arrives at Idex 2021. Victor Besa / The National.
    A visitor arrives at Idex 2021. Victor Besa / The National.
  • Visitors attending Idex 2021 in Abu Dhabi. The biennial event was first held in 1993. Victor Besa / The National
    Visitors attending Idex 2021 in Abu Dhabi. The biennial event was first held in 1993. Victor Besa / The National
  • Strict social distancing measures are being implemented at Idex 2021. Victor Besa / The National
    Strict social distancing measures are being implemented at Idex 2021. Victor Besa / The National
  • Exhibitors at Idex 2021 range from the manufacturers of armoured vehicles to cybersecurity companies. Victor Besa / The National
    Exhibitors at Idex 2021 range from the manufacturers of armoured vehicles to cybersecurity companies. Victor Besa / The National
  • The total value of deals the UAE is expected to sign this year is likely to be similar to the levels of 2019, organisers have said. Rashed Al Mansoori / Ministry of Presidential Affairs
    The total value of deals the UAE is expected to sign this year is likely to be similar to the levels of 2019, organisers have said. Rashed Al Mansoori / Ministry of Presidential Affairs
  • Sheikh Hamed bin Zayed, Member of Abu Dhabi Executive Council. The UAE Armed Forces awarded Dh5.03 billion in contracts on the first day of Idex, with the lion’s share of the deals going to local companies. Rashed Al Mansoori / Ministry of Presidential Affairs
    Sheikh Hamed bin Zayed, Member of Abu Dhabi Executive Council. The UAE Armed Forces awarded Dh5.03 billion in contracts on the first day of Idex, with the lion’s share of the deals going to local companies. Rashed Al Mansoori / Ministry of Presidential Affairs
  • Sheikh Hamed bin Zayed, Member of Abu Dhabi Executive Council. Participants at this year's Idex are focusing on cyber security, autonomous weapons, and using advanced technologies such as artificial intelligence in defence applications and safe-guarding supply chains during the global health crisis. Rashed Al Mansoori / Ministry of Presidential Affairs
    Sheikh Hamed bin Zayed, Member of Abu Dhabi Executive Council. Participants at this year's Idex are focusing on cyber security, autonomous weapons, and using advanced technologies such as artificial intelligence in defence applications and safe-guarding supply chains during the global health crisis. Rashed Al Mansoori / Ministry of Presidential Affairs

Idex 2021: How the region's biggest-spending defence event was made possible


John Dennehy
  • English
  • Arabic

Soldiers in pristine uniforms studied the latest Russian rifles, arms agents pitched for sales, while business deals were struck over coffee in a quiet corner of the exhibition halls.

Remote working, it was said, transformed how the world conducts business since the Covid-19 pandemic broke out last year.

But Idex 2021 at the Abu Dhabi National Exhibition Centre (Adnec) has proved that Zoom is no match for face to face.

The mammoth defence exhibition is the largest in the region and showcases the latest in military hardware. The UAE Armed Forces awarded Dh5.03 billion ($1.37bn) in contracts on the first day alone. But it is also the first in-person event to be held in the capital since the pandemic broke out last March.

We feel really safe and that's mandatory for doing business

Saeed Al Mansoori, director of Idex, has been working 14-hour days, seven days a week, to ensure the exhibition is a socially distanced success.

"It put pressure on us but we were determined to deliver," he told The National, regarding the challenges of safely staging an exhibition amid the coronavirus crisis.

“We wanted to deliver something the whole world could learn from. We want people to enjoy the show and go home safe and healthy. For me it would be painful to see anyone get hurt or sick. As of now, we are keeping everyone healthy.”

Strict measures were in place across 35,000 square metres of exhibition space running through the 12 exhibition halls. International attendees did not have to follow the mandatory 10-day quarantine in place in Abu Dhabi but all those attending had to take several PCR tests, including one every 48 hours to access the event.

Daily tests for attendees are available in 19 hotels in the Adnec area.

  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, meets Nikolaos Panagiotopoulos, Defence Minister of Greece, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, meets Nikolaos Panagiotopoulos, Defence Minister of Greece, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
  • Sheikh Mohamed bin Zayed meets Edward Lister, the British Prime Minister's special envoy for the Gulf, and Air Marshal Martin Sampson, defence senior military Adviser to the Middle East and North Africa at the British Ministry of Defence, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
    Sheikh Mohamed bin Zayed meets Edward Lister, the British Prime Minister's special envoy for the Gulf, and Air Marshal Martin Sampson, defence senior military Adviser to the Middle East and North Africa at the British Ministry of Defence, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
  • Sheikh Mohamed bin Zayed meets Gen Birhanu Jula, chief of General Staff of Ethiopian National Defence Force, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
    Sheikh Mohamed bin Zayed meets Gen Birhanu Jula, chief of General Staff of Ethiopian National Defence Force, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
  • Sheikh Mohamed bin Zayed meets Denis Manturov, Minister of Industry and Trade of the Russian Federation, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
    Sheikh Mohamed bin Zayed meets Denis Manturov, Minister of Industry and Trade of the Russian Federation, at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
  • Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, and Khaldoon Mubarak, chairman of the Executive Affairs Authority and chief executive of Mubadala Investment Company, attend a meeting at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
    Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, and Khaldoon Mubarak, chairman of the Executive Affairs Authority and chief executive of Mubadala Investment Company, attend a meeting at Idex. Courtesy: Sheikh Mohamed bin Zayed Twitter
  • Sheikh Mansour bin Zayed tours the 2021 International Defence Exhibition and Conference at Abu Dhabi National Exhibition Centre. Seen with Ramzan Kadyrov, President of Chechnya. Hamad Al Kaabi / Ministry of Presidential Affairs
    Sheikh Mansour bin Zayed tours the 2021 International Defence Exhibition and Conference at Abu Dhabi National Exhibition Centre. Seen with Ramzan Kadyrov, President of Chechnya. Hamad Al Kaabi / Ministry of Presidential Affairs
  • Dignitaries stand during the UAE national anthem, during the opening ceremony of Idex at Adnec. Saleh Al Saeari / Ministry of Presidential Affairs
    Dignitaries stand during the UAE national anthem, during the opening ceremony of Idex at Adnec. Saleh Al Saeari / Ministry of Presidential Affairs
  • Sheikh Mansour bin Zayed stands during the UAE national anthem, during the opening ceremony for Idex. Seen with Ramzan Kadyrov President of Chechnya. Mohamed Al Hammadi / Ministry of Presidential Affairs
    Sheikh Mansour bin Zayed stands during the UAE national anthem, during the opening ceremony for Idex. Seen with Ramzan Kadyrov President of Chechnya. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • Sheikh Mansour bin Zayed attends the opening ceremony of Idex. Hamad Al Kaabi / Ministry of Presidential Affairs
    Sheikh Mansour bin Zayed attends the opening ceremony of Idex. Hamad Al Kaabi / Ministry of Presidential Affairs

Volunteers walked through the halls enforcing distancing, hundreds of stickers dictated how people entered and exited while sanitiser and masks were strictly enforced. Anyone who left a mask drop for even a few seconds were swiftly warned by staff.

“Six months ago, things were unpredictable and changing. The facilities the government has built since March made us confident we could do it,” said Mr Al Mansoori, referring to the UAE-wide PCR testing facilities and vaccine deployment.

After the dignitaries made their tour of the halls on Sunday, the exhibitors and attendees got down to business.

Unmanned and autonomous weapons from boats to surveillance systems dominated the display. Waging military warfare in the 21st century seems to increasingly mirror a simple games console that wouldn’t look out of place in your own home.

“It’s my fifth Idex and I can see how companies keep on innovating especially in homeland security and defence,” said Charles-Hubert Dufour, of French anti-drone maker Cerbair.

Mr Dufour's company was showcasing the Chimera, a portable drone hunter that can bring down a small unmanned object. “We feel really safe and that’s mandatory for doing business.”

But these advanced weapons sat alongside more typical pieces of military kit such as the AK-19 assault rifle from legendary Russian arms company Kalashnikov.

The AK-19 is making its global debut at Idex and people crowded around the stand to get a glimpse of the gun that looks uncannily similar to the original AK-47 first produced in the 1940s.

The Russian exhibits were among the most popular, along with Emirati defence group Edge. The 25-company strong Edge launched a series of new products on Sunday alone including new unmanned aerial vehicles.

"It was fantastic to be back doing business," said Alan Peaford, editor of Arabian Aerospace, looking at the Edge stand.

“So much depends on face to face meetings,” he said.

“There seems to be a total commitment throughout Abu Dhabi to make this happen and to keep us safe. A lot of international visitors that I have spoken to have commented on the pleasant surprise of how well we have been able to operate despite the restrictions.”

By 5pm the halls had grown quiet. Many had gone to take the free PCR tests, while others mused on the hard deals won and lost on the first day of an event that seemed to lift the global Covid-19 gloom.

“All the feedback I received today has been good,” said Mr Al Mansoori.

“We had 5,000 plus workers to make sure this show is safe, perfect and people are healthy. It has been perfect.”

Rajasthan Royals 153-5 (17.5 ov)
Delhi Daredevils 60-4 (6 ov)

Rajasthan won by 10 runs (D/L method)

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UAE - India ties

The UAE is India’s third-largest trade partner after the US and China

Annual bilateral trade between India and the UAE has crossed US$ 60 billion

The UAE is the fourth-largest exporter of crude oil for India

Indians comprise the largest community with 3.3 million residents in the UAE

Indian Prime Minister Narendra Modi first visited the UAE in August 2015

His visit on August 23-24 will be the third in four years

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited India in February 2016

Sheikh Mohamed was the chief guest at India’s Republic Day celebrations in January 2017

Modi will visit Bahrain on August 24-25

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FLIP%204
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88 Video's most popular rentals

Avengers 3: Infinity War: an American superhero film released in 2018 and based on the Marvel Comics story.  

Sholay: a 1975 Indian action-adventure film. It follows the adventures of two criminals hired by police to catch a vagabond. The film was panned on release but is now considered a classic.

Lucifer: is a 2019 Malayalam-language action film. It dives into the gritty world of Kerala’s politics and has become one of the highest-grossing Malayalam films of all time.

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Ticket prices

General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

UAE currency: the story behind the money in your pockets

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”