Abu Dhabi, Saudi General Authority for Military Industries (GAMI) and Economic Balance Council in the United Arab Emirates signed here today a memorandum of understanding in the field of military industries, on the sidelines of IDEX 2021 exhibition.
The memorandum was signed by GAMI Governor Eng. Ahmed bin Abdulaziz Al-Ohali, and Council’s Secretary General Jassim Muhammad Buataba Al-Zuabi.
The memorandum aims to build partnership and integrated relationships between the two sides to achieve strategic objectives pertaining to strengthening and exploiting capabilities in the military industries sector, identifying joint projects in the field of military industries, and discussing a working mechanism to implement these projects, in addition to agreeing on a joint cooperation mechanism in the field of research and development in the military industries sector.
Source: Saudi Press Agency