UAE’s Tawazun Economic Council has hosted its 7th annual Defense Contractors Council, DCC, meeting in London, featuring successful partnerships and potential opportunities and projects, UAE national news agency WAM reported.
The meeting was attended by representatives from international defense companies, key industry players and other Tawazun partners.
Commenting on the DCC meeting proceedings, Tareq Abdul Raheem Al Hosani (photo), CEO of Tawazun Economic Council, said: “The Defense Contractors Council is an ideal forum to bring together industry experts to discuss the latest trends and developments within the industry.”
“The defense sector in the UAE holds vast opportunities for growth and expansion with a potential for lucrative returns and long-term strategic partnerships. The DCC is one of many means by which Tawazun strives to enable the industry and create a specialized environment for partnerships to thrive in,” he added.
The meeting centered its focus on emerging defense technologies and the rising demand in the offsets sector.
The Defense Contractors Council was created to generate an ongoing open dialogue among defense companies and Tawazun Economic Council.