UAE-Israel defense - Technology news and insights in the Middle East, South Asia, and Africa

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EDGE Group Acquires Stake in Israeli Defense Firm, Strengthening UAE-Israel Ties

EDGE Group Acquires Stake in Israeli Defense Firm, Strengthening UAE-Israel Ties

Shahzaib9 months ago9 months ago02 mins

EDGE Group has acquired a 30% stake in Israeli defense firm ThirdEye Systems, marking a significant step in UAE-Israel defense cooperation. The $10 million investment will establish a joint venture focusing on electro-optical object recognition systems. Despite political differences, economic and defense ties between the two countries remain strong.

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