ABU DHABI – EDGE, a prominent advanced technology and defence group, has announced a significant defence contract valued at AED9 billion (approximately US$2.45 billion) with the Kuwait Ministry of Defence. This contract involves the supply of FALAJ 3 62-metre missile boats and represents the largest naval shipbuilding export deal in the region, as well as...
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04.06.202504.06.2025Defense
EDGE Secures Dh 9 Billion Naval Contract with Kuwait’s Ministry of Defence
EDGE, a prominent advanced technology and defence group, has finalized a significant defence contract worth Dh 9 billion ($2.45 billion) with the Kuwait Ministry of Defence. This agreement involves the supply of FALAJ 3 62-metre missile boats and represents the largest naval shipbuilding export deal in the region, ranking among the highest-value naval export agreements...
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19.05.202519.05.2025Finance
Qatar Unveils $1.2 Trillion Economic Pledge During Trump’s Visit
Qatar has announced a significant $1.2 trillion economic pledge during a recent visit from former U.S. President Donald Trump, marking a strategic move in the realm of international finance. This announcement was made in Doha, where the two parties finalized several key agreements, including a remarkable $96 billion plan by Qatar Airways to acquire up...


