Page 60 - KHALIFA FUND PR REPORT FEBRUARY 2025

2/19/25, 1:40 PM Latest News
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.

Founded in 2007 in accordance with Law No. 14 of 2005 and its amendments, the Fund was established to
align with the vision of the late His Highness Sheikh Khalifa Bin Zayed Al Nahyan, former President of the
United Arab Emirates.

To learn more about the Khalifa Fund for Enterprise Development, please visit:
www.khalifafund.ae

https://www.arabbnews.com/english/Latest-News.asp?id=18121 2/2