UMEX/SimTEX 2022 Conclude in Abu Dhabi with $548 Million Deals

ADNEC Photo © WAM: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, touring UMEX/SimTEX on 23 February 2022 WAM25.02.2022 Asia
UMEX/SimTEX 2022 Conclude in Abu Dhabi with $548 Million Deals

UMEX/SimTEX 2022 Conclude in Abu Dhabi with $548 Million Deals

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Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the fifth edition of UMEX & SimTEX 2022 concluded today at Abu Dhabi National Exhibition Centre, and was the largest edition of this event in terms of exhibition area and exhibitors, with 134 exhibitors from 26 countries from around the world.

On the third day of the UMEX and SimTEX 2022 exhibitions, the Ministry of Defense announced the signing of six new deals with a total value of AED 455.495 million, an increase of more than 266% over the 2020 version, and the total deals and contracts concluded by the Ministry since the launch of the fifth edition increased to more than AED 2 billion (US$547.9 million), an increase of approximately 177% from the fourth edition’s deals in 2020, the organizers announced.

The Ministry of Defense’s deals on the third and final day of UMEX & SimTEX 2022 included deals with local companies valued at AED 51 million, and contracts with international companies valued at around AED 404.495 million.

These deals included one with Star Satellite Communications Company valued at AED 26 million for installing a communications system for the drone project, and a deal with the Emirates Technical Services for providing technical support and assistance for the container system at a value of AED 25 million.

The third day’s deals also included one valued at AED 112.966 million with Boeing for providing training and maintenance services for flight simulators, and one with France’s Thales DMS valued at AED 66.128 million for updating and developing naval systems on planes, a deal valued at AED 194.352 with ESE Limited for providing self-defense equipment for planes, and a deal valued at AED 31.048 million with CAE Maritime Middle East for revising the contract for a plane training center.

At the conclusion of the event, Major General Dr. Mubarak Saeed Ghafan Al Jabri, head of the UMEX and SimTEX 2022 and accompanying conference Higher Organizing Committee, said: “This growth in the scale of deals reflects the UAE’s pivotal role in enhancing the national and regional economy, stability, and security and its leading position in promoting innovations in the field of unmanned systems. It also supports its work towards developing national capabilities which empower and strengthen the UAE to confront challenges,” UAE national news agency WAM reported.

“In addition to the deals, the exhibitions provided a platform for international companies to unveil their advanced technologies and new innovations, unveiling 22 never-before-seen technologies during the live demonstrations held today at Tilal Swaihan area in Abu Dhabi,” he added.

Humaid Matar Al Dhaheri, Managing Director and CEO of Abu Dhabi National Exhibitions Company (ADNEC) and its group of subsidiaries, said: “The fifth edition of UMEX and SimTEX was successful in light of the current exceptional circumstances, as the total area of the two exhibitions increased by 20% compared to the previous edition. In 2022, the number of exhibiting companies reached 141 companies from 27 countries, while the number of visitors to the exhibition reached 15,874, and the number of official delegations increased to 264 official delegations, an increase of 32% compared to the previous edition of the exhibition.”

Al Dhaheri indicated that ADNEC has appointed a specialized company to conduct a survey to measure the satisfaction of visitors and participants in the activities of the two exhibitions and the accompanying conference, and 92% of the visitors and participants stressed the importance of the UMEX and SimTEX exhibitions, and 98% of them expressed their satisfaction with the experience of participation, while 88% of visitors showed interest for their participation in the next edition in 2024. More than 99% expressed their satisfaction with the precautionary measures that were applied at the event and 99% said that they felt safe during their visit.

Al Dhaheri thanked the Supreme Organizing Committee of the event, and all partners in the government and private sectors for their continuous support, led by the Ministry of Defense and EDGE, the strategic partner of the exhibitions, who worked side by side to make the exhibitions a success and to produce them in a manner that befits the reputation and prestige of the Emirate at regional and international levels.

 
 

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