Page 51 - KHALIFA FUND PR REPORT FEBRUARY 2025
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2/19/25, 1:39 PM         Khalifa Fund for Enterprise Development sponsors 6 ventures in International Defence Exhibition and Conference
        United Arab of Emirates and Supreme Commander of the Armed Forces, at the Abu Dhabi National
        Exhibition Centre (ADNEC) from 17th to 21st of February 2025.


        The participating ventures supported by KFED at IDEX are: ‘AUAV for Drone Services,’ which offers
        specialised training courses for secure drone operation. It also plans to launch an advanced drone

        model by leveraging artificial intelligence (AI) technology, ‘UNILUX Heavy Equipment Spare
        Parts,’ which has decades of expertise in the production and trade of spare 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.


        -Ends-



        About Khalifa Fund for Enterprise Development:


        The Khalifa Fund is an independent, non-profit organisation affiliated with Abu Dhabi Government. Its
        mission is to nurture the culture of entrepreneurship, promote innovation, and offer support for small and
        medium-sized enterprises (SMEs) within the UAE through a balanced ecosystem.





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