ABU DHABI, UAE – OCTOBER 15, 2019: Crown Prince Mohammed bin Zayed Al Nahyan of the Emirate of Abu Dhabi.
Alexei Nikolsky | TASS | Getty Photos
The efficient ruler of the United Arab Emirates has introduced that 25 government-owned and impartial firms are to mix to create one of many Center East’s largest protection teams.
On Tuesday, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, who additionally acts as Deputy Supreme Commander of the Armed Forces, introduced combining 25-government-owned and impartial firms to create a brand new conglomerate titled “Edge.”
The person chosen to run the Edge as each chief govt and managing director is Faisal Al Bannai. Al Bannai was previously a managing director at UAE cybersecurity firm DarkMatter.
Edge will mix 22 non-public companies with government-owned Emirates Defence Industries Firm, Emirates Superior Investments Group, and Tawazun Holding. It’s estimated that 22,000 folks can be employed underneath the protection large.