Tawazun Strategic Development Fund, the investment arm of Tawazun Economic Council, created to enable the UAE’s strategic sectors through investments and focused developmental funding towards the private sector.
Our enablement strategy is directed through specific segments and approaches
Ventures & SMEs
Focused on supporting SMEs and new product developments within UAE Defense and Security Industry through various funding and investments.
ABU DHABI. February 22nd, 2019 Tawazun Economic Council, through its recently launched Defense and Security Development Fund recently invested AED 460 million (equivalent to EUR 110 million) in the Russian Automotive brand “Aurus”, which specializes in luxurious and armored vehicles. The investment for 36% share capital, will be directed towards the development of the company’s [...]
ABU DHABI. February 19th, 2019 The Defense and Security Development Fund of Tawazun Economic Council announced today the investment into Al Marakeb Boats Manufacturing, a leading builder of boats – both manned and unmanned – and Specialized Marine Electronics in the UAE, in return for 30% ownership.. The two parties signed the agreement during the [...]
ABU DHABI. February 19th, 2019 (WAM) The Defense and Security Development Fund of Tawazun Economic Council signed a funding agreement reaching the potential total of AED 193 million with Halcon Systems LLC, a company owned by the Abu Dhabi-based Yas Holding Group. The agreement was signed during IDEX 2019 by Abdulla Al Huwar, Strategic Technology [...]
ABU DHABI. February 19th, 2019 Sandooq Al Watan, in collaboration with Tawazun Economic Council’s Defense and Security Development Fund and Advanced PyroTechnics (APT) launched the first contest under the UAE’s Centurium Challenge. The total prize allocated by the Defense and Security Development Fund for this first contest is AED 5 million and is aimed at [...]