Page 63 - KHALIFA FUND PR REPORT FEBRUARY 2025

2/19/25, 1:41 PM Khalifa Fund for Enterprise Development Sponsors 6 Ventures in IDEX

ECONOMY & POLICY
Khalifa Fund for Enterprise Development Sponsors 6 Ventures

in IDEX

19 Feb 2025 2 Min Read CW Team
The Khalifa Fund for Enterprise Development (KFED) announced its sponsorship to six innovative ventures participating in the
International Defence Exhibition and Conference (IDEX), held under the patronage of His Highness Sheikh Mohammed bin Zayed

Al Nahyan, the President of the 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

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