Your account has been succesfully created.

Spotlight | UAE
As EDGE's IGG takeover looms, Western manufacturers fret over UAE defence industry consolidation

Reading time 3 min
Mohammed bin Zayed al-Nahyan, President of the United Arab Emirates, attends the Dubai Airshow 2023 with Faisal al-Bannai, Managing Director of EDGE Group in Dubai, on 15 November, 2023.
Mohammed bin Zayed al-Nahyan, President of the United Arab Emirates, attends the Dubai Airshow 2023 with Faisal al-Bannai, Managing Director of EDGE Group in Dubai, on 15 November, 2023. © UAE Presidential Court/Hamad Al Kaabi/Reuters

EDGE's takeover of International Golden Group is calling into question the strategy of several Western defence companies, including Safran, which recently relied on this company to win several contracts in Abu Dhabi.

Read also

Insiders | Middle East | <b>The Al Kaabi family</b>, operating arm of the Emir of Abu Dhabi
The Al Kaabi family, operating arm of the Emir of Abu Dhabi

Fadel Al Kaabi, formerly of the Tawazun sovereign fund, set up the International Golden Group (IGG) in 2002. The company, which is headed by Fadel's uncle, former armed forces deputy chief of staff Mohammed Hilal Al Kaabi, specialises in partnerships with Western defence groups like France's Thales, Britain's BAE, Paramount of South Africa and Italy's Selex.

LogoSubscribers only 23.10.2013

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!