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Native name | Arabic: شركة الإمارات للصناعات العسكرية |
---|---|
Industry | Defence |
Founded | December 2, 2014 |
Successor | EDGE Group |
Headquarters | , |
Area served | worldwide |
Key people | Homaid Al Shemmari (Chairman) Luc Vigneron (CEO) [1] |
Owner | Mubadala Development Company (60%) Tawazun Holding |
Website | www.edic.ae |
Emirates Defence Industries Company (EDIC) was a defence industry holding company. In November 2019, the holding company was absorbed into EDGE Group. [2]
On 2 December 2014, the defence services and manufacturing entity initiated in the form of a merger of 11 defence companies that were subsidiaries of Mubadala Development, Tawazun Holding, and Emirates Advanced Invest Group. [3]
EDIC was jointly owned by the Mubadala Development Company, an investment fund of the Emirate of Abu Dhabi (60%) [4] and Tawazun Holding. [5]
The United Arab Emirates Armed Forces are the armed forces of the United Arab Emirates. They are also occasionally referred to as "Little Sparta", a nickname that was given by former United States Marine Corps General and Secretary of Defense James Mattis, due to their active and effective military role and power projection in the surrounding region compared to their relative size.
Mitsubishi Heavy Industries, Ltd. is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors.
e&, formerly branded as Etisalat, is a UAE state-owned telecommunications company. It is the 16th largest mobile network operator in the world by number of subscribers.
Ahmed Ali Al Sayegh is an Emirati politician who is a minister of state in the United Arab Emirates since 19 September 2018.
Aldar Properties PJSC is a real estate development company owned by the Abu Dhabi government and with headquarters in Abu Dhabi, United Arab Emirates. The company's shares are traded on the Abu Dhabi Securities Exchange. The largest shareholder of Aldar is Mubadala, the UAE sovereign wealth fund.
Dubai Holding is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's global investment holding company and personal investment portfolio, which owns 99.67% of the capital.
Masdar (Arabic:مصدر), also known as the Abu Dhabi Future Energy Company, is an Emirati state-owned renewable energy company. It was founded and chaired by Sultan Al Jaber in 2006 as a subsidiary of Mubadala Investment Company. The company is responsible for development of Masdar City, which headquarters the International Renewable Energy Agency.
The United Arab Emirates Football Association is the governing body of association football, beach soccer and futsal in the United Arab Emirates.
The United Arab Emirates Air Force (UAEAF) is the air force of the United Arab Emirates (UAE), part of the United Arab Emirates Armed Forces. Its predecessor was established in 1968, when the Emirates were still under British rule. Since then, it has undergone a continual reorganisation and expansion in terms of both capability and numbers of aircraft. Currently, the UAEAF has around 4,000 personnel and operates approximately 560 fixed wing and rotorcraft.
Mubadala Investment Company PJSC, or simply Mubadala, is a state-owned global investment firm that acts as one of the sovereign wealth funds of the government of Abu Dhabi. The company was established in 2017 when then-named Mubadala Development Company and the International Petroleum Investment Company (IPIC) merged. Headquartered in Abu Dhabi, Mubadala also has offices in London, Rio de Janeiro, New York, San Francisco and Beijing.
Khaldoon Khalifa Al Mubarak is an Emirati Government official and business leader. Al Mubarak holds senior positions within the Government of Abu Dhabi, including as a member of the Executive Council since 2006, a member of the Supreme Council for Financial and Economic Affairs, and as the founding chairman of the Executive Affairs Authority. He fulfills responsibilities for the UAE Federal government and has served as Presidential Special Envoy to the People's Republic of China since 2018.
The Nimr is a family of all-terrain military armored personnel carrier (APC) vehicles, co-developed with Russia's Military Industrial Company and produced by Nimr LLC in the United Arab Emirates. The Nimr is designed specifically for military operations in the harsh desert climates found in the Middle East.
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Caracal International LLC is a small arms manufacturer headquartered in Abu Dhabi in the United Arab Emirates. The company designs, produces, tests, and assembles a large variety of small arms for law enforcement organizations and military personnel. It is a subsidiary of EDGE Group.
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Investment Corporation of Dubai is the principal investment arm of the Government of Dubai focused on strengthening Dubai’s economy through long-term value and wealth creation and investing in global opportunities. Established in 2006, ICD manages the Government of Dubai Portfolio of commercial companies and investments. In 2022, ICD reported assets worth $320 billion and revenue of $73 billion. The Dubai-based corporation provides strategic oversight, develops and implements investment strategies and corporate governance policies, and operates in multiple sectors, including oil and gas, transportation, banking, and financial services.
Mubadala holds a 60% share in the company.