Publish dateTuesday 18 February 2025 - 20:24
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The UAE's EDGE Group, a leading defense industry company, announced that it is expanding its global presence through sustainable investment strategies, reinforcing its commitment to supporting the UAE’s economy.
EDGE Group reports $5 billion in annual revenue
According to Amac News, Hamad Al-Marra, CEO and President of EDGE Group, recently said that the group currently operates in 91 countries and is focusing on expanding partnerships in Africa, and then to Latin America and Asia.
Speaking to the UAE state news agency WAM, Al-Marra said that EDGE has invested heavily in diversifying its product portfolio and entering systems supply over the past five years.
According to him, the company has recently announced several export contracts that bring in annual revenue of almost $5 billion, of which more than 20 percent comes from exports.
EDGE Group currently employs 14,000 people. The percentage of “Emiratiization” in the group is 20 percent, and in the engineering sector it reaches 50 percent.
Al-Marra said that EDGE's participation in IDEX 2025 reflects the group's key role as a platform to showcase the UAE's defense capabilities to a global audience.
https://amacnews.com/vdcg.x9xrak9yzj54a.html
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