Page 47 - KHALIFA FUND PR REPORT FEBRUARY 2025

2/20/25, 2:21 PM Khalifa Fund for Enterprise Development sponsors 6 ventures in International Defence Exhibition and Conference (IDEX)
parts for heavy equipment and military vehicles, alongside manufacturing spare parts for heavy
equipment and military vehicles, alongside manufacturing spare parts for lightweight machinery
for cutting metal with laser and water; as the company has received support and guidance from
the Fund to expand its growth.
The participating ventures also include: ‘Droo for Defence Equipment,’ which focuses on
developing all kinds of military defence equipment and bullets, ‘Al Ajwa for Military Equipment,’
specialising in producing military uniforms, badges, military tents, field accommodation supplies,
lighting apparatus, head protection, googles and gloves, ‘UAE Defence Technology,’ specialising
in trading precision electronic devices and spare parts for arms, bullets, equipment, and heavy
vehicles; and ‘Black Wolf for Military Equipment Trade,’ specialising in trading military uniform,
supplies, equipment and delivering simulating military drills.
Mouza Al Nasri, the Acting CEO of Khalifa Fund for Enterprise Development, said “Our support
for these participating companies underscores our unwavering commitment to advancing
strategic ventures that enhance economic and industrial diversification, particularly in defence
technology. By facilitating their participation in IDEX, these six ventures are provided with a
unique platform to engage with global leaders, key decision-makers, and manufacturers of
original equipment in the defence and military technology sector. This initiative aligns with our
vision to elevate the UAE’s standing as a global hub for defence industries.”
Khalifa Fund’s participation in IDEX reflects its continued dedication to providing vital support,
guidance, and consultation to start-ups in the defence sector, fostering their growth and
presence at prominent international and local exhibitions. Through this support, the Fund aims
to inspire entrepreneurs to turn their innovative projects into successful ventures, contributing
to the UAE’s thriving defence and technology ecosystem.

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