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Defense and Security Development Fund invests AED 460 million in the Russian Automotive brand “Aurus”

Defense and Security Development Fund invests AED 460 million in the Russian Automotive brand “Aurus”

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
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Tawazun’s Defense and Security Development Fund, Halcon sign agreement for AED193 million funding

Tawazun’s Defense and Security Development Fund, Halcon sign agreement for AED193 million funding

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
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Sandooq Al Watan collaborates with DSDF and Advanced PyroTechnics to launch AED 5M innovation

Sandooq Al Watan collaborates with DSDF and Advanced PyroTechnics to launch AED 5M innovation

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
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DSDF and TIP join to empower SMEs through the development of 75K sqm of land with investment worth AED 200 million

DSDF and TIP join to empower SMEs through the development of 75K sqm of land with investment worth AED 200 million

ABU DHABI. February 18th, 2019 Tawazun’s Defense and Security Development Fund and Tawazun Industrial Park are collaborating through a new program that will support National private SMEs operating in the Defense and Security sector and ensure their effective contribution to economic development in the United
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Tawazun announces AED 2.5 billion fund for developing defence and security sector

Tawazun announces AED 2.5 billion fund for developing defence and security sector

ABU DHABI. February 13th, 2019 (WAM) Tawazun Economic Council has announced the launch of the Defence and Security Development Fund with a capital of AED2.5 billion (equivalent of US$680 million). The Fund contributes to the enablement of the defence and security sector and its contribution