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FINANCIAL NEWS
UAE to sign six defense deals at USD 208.76mn
07 Mar 2016
(MENAFN) The UAE signed six contracts value more than USD 208.76mn with many global and regional firms to support increasing the nation defense sector.
Moreover, Quebec Simulation Systems won a deal to apply internal training systems including 20 shooting systems at USD 2.47mn.
Additionally, other main deals went to CAE for the sale of USD 110.18mn simulation systems and the Global Flight Academy to train pilots.
On the other hand, Infox Simulation signed a contract value USD 43.54mn while the local player Al Badi won USD 13.61mn contract to train technicians.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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