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Mubadala collaborates with Safran to advance UAE's aerospace sector

news agency wam , 23 Nov 2024 - 11:26

Mubadala, the Emirati investment company, has announced its collaboration with Safran, a French multinational company specializing in aerospace and defense, to accelerate innovation and development in the aerospace sector within the UAE.


According to Amac News: This strategic agreement, announced at the Abu Dhabi Air Expo, focuses on key areas including maintenance, manufacturing, human capital development, and space.
The partnership also emphasizes nurturing local talent by providing joint training opportunities for Emirati engineers and aerospace professionals
Given that space is a key focus area for Mubadala, this collaboration creates opportunities in air traffic management, Earth observation, and propulsion systems.
Ismail Ali Abdulla, Executive Director of UAE Clusters at Mubadala's investment platform, stated, “As a national investor, we are committed to supporting the diversification of the UAE's economy.”
He added that this agreement enhances Abu Dhabi's position as a leading hub in the aerospace industry and underscores the shared commitment to upskilling local talent and empowering the next generation of engineers and professionals to lead in the global aerospace sector.


Story Code: 2127

News Link :
https://www.amacnews.com/en/news/2127/mubadala-collaborates-with-safran-to-advance-uae-s-aerospace-sector

AMAC
  https://www.amacnews.com