2023-02-27
Etimad Holding and Israel Aerospace Industries have signed an MOU to extend their collaboration for new and existing projects
Etimad Holding Group and Israel Aerospace Industries have signed an MOU during the IDEX 2023 exhibition. The memorandum of understanding includes strengthening relations in the field of defense and security, and discussing opportunities for further joint cooperation.
Mr. Khaled Al Ali, Chairman and CEO of Etimad Holding Group, said: “The IDEX exhibition is an important opportunity for national companies to discuss ways of cooperating with regional and international companies operating in the same sector. We aim to benefit from the latest experiences, exchange knowledge in the security and defense field, and learn about new developments in the field of defense and security”.
Al Ali added: "We hope that the cooperation agreement signed today with IAI will benefit everyone, and that IDEX will open new horizons for cooperation with other international defense companies."
IAI’s President and CEO, Boaz Levi: “The close relationship that IAI has developed with Etimad over the past few years has enabled us to leverage our mutual collaboration and together offer solutions to our customers around the world. Since the signing of the Abraham Accords, IAI is further investing in our relationship with the UAE and the Gulf region. We have established a local office in Abu Dhabi, which will help us expand partnerships and collaboration for long-term relationships, to leave an impact through our mutually-beneficial technological innovations”.
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