Dubai Airshow Sees Dh200 Billion Deals in Two Days

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On Day two, Sheikh Mohammed bin Rashid Al Maktoum visited stands and pavilions of many leading companies participating in the exhibition…reports Asian Lite Newsdesk

Total deals at the Dubai Airshow 2021 crossed Dh202.6 billion on Monday in just two days of the event which started on Sunday, 14 November, according to reports.

On Day 2, the total value of deals was Dh65.5 billion in addition to Dh137 billion worth of contracts signed on the first day, the Khaleej Times reported.

Dubai Airshow: Watch from Skyview grandstand

Meanwhile, the Ministry of Defence announced the conclusion of 5 deals at the value of AED11,284,837,000.00 with local and international companies on second day of the event. The total number of deals in these two days have been 10 contracts with a total value of AED16,524,044,000.00. The deals of the first day amounted to AED5,239,207,000.

This was announced in the presence of Major General Staff Pilot Ishaq Saleh Al Balushi, Executive Director of the Military Organizing Committee of the Dubai Airshow 2021 and Lt. Col. Pilot Sarah Hamad Al-Hajari, official spokesman for the Dubai International Airshow 2021.

Al Balushi started the press conference for announcing the signed deals between the Ministry of Defence and air defence companies by welcoming all media representatives who attended.

He added, “The deals concluded on the second day of the airshow are different from one another, because they have been signed with several countries. There is one local contract and 4 international contracts with our partners abroad.”

The first deal was contracted with the Greek SIELMAN company to provide technical support and maintenance for air force and air defense at the value of AED3,673,000.00. The second contract was signed with the Swiss RHEINMETALL AIR DEFENCE AG to provide technical support services for air force and air defense at the value of AED5,558,918.00.

Dubai Airshow Sees Dh200 Billion Deals in Two Days

The third contract was signed with the French HENSOLDT FRANCE SAS to buy communication devices for air force and air defense at the value of AED13,169,032.00. The fourth contract was signed with the US NORTHROP GRUMMAN INTERNATIONAL TRADING company to provide technical support services for air force and air defense at the value of AED14,000,692.00.

The fifth and last contract was signed with the local company, GLOBAL AEROSPACE LOGISTICS LLC, to provide maintenance and technical support for the aircraft of the Command of Air Force and Air Defence for 3 years at the value of AED11,247,744,329.00.

Sheikh Mohammed tours Dubai Airshow

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, toured the Dubai Airshow exhibition area, accompanied by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.

During his tour, Sheikh Mohammed visited stands and pavilions of many leading companies participating in the exhibition.

Sheikh Mohammed visiting Dubai Airshow exhibition

Sheikh Mansour bin Mohammed bin Rashid Al Maktoum; Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs; and Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the UAE Armed Forces also accompanied H.H. Sheikh Mohammed on the tour.

Mohammed started the tour by visiting the display of Russia’s fifth-generation stealth fighter aircraft Sukhoi Su-75.

He also visited the Airbus pavilion where he was briefed about the company’s new aircraft and the services it provides across the MENA region from its headquarters in Dubai.

He also saw the display of Boeing’s 777X9 wide-body aircraft, the most fuel-efficient twin-engine commercial jetliner in aviation history.

ALSO READ: Dubai Airshow: Dh5 billion worth defence deals on first day

Another stop on his tour was Emirates’ display of its four-class configured A380. The aircraft features the airline’s recently introduced Premium Economy Class cabin, in addition to revamped interiors and enhancements across all cabins. Emirates is also displaying its Cirrus SR 22 and Embraer Phenom 100 training aircraft, utilised by the Emirates Flight Training Academy. Emirates Flight Training Academy instructors are on hand at the site to provide visitors tours of the training aircraft.

Sheikh Mohammed visited the stand of Strata Manufacturing, a local company owned by Mubadala, where he was briefed about the services of the company. His Highness also visited the stand of UAE-based EDGE Group, one of the top 25 military suppliers in the world that develops disruptive defence solutions.

Sheikh Mohammed along with Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; Saqr Ghobash, Speaker of the Federal National Council; Sheikh Mansour bin Mohammed bin Rashid Al Maktoum; Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence; Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs; and Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the UAE Armed Forces, attended aerobatic displays at Dubai Airshow.

Dubai Airshow is the first major aviation industry held after the onset of the COVID-19 pandemic, and the biggest in the history of the event, featuring 1,200 exhibitors. The event offers a platform to showcase a wide range of technical solutions that support the recovery of the industry in the wake of the pandemic. Dubai Airshow 2021 also includes a new dedicated startup event, VISTA, a platform for innovators, creators and market disruptors to display the latest technologies.