Page 66 - KHALIFA FUND PR REPORT FEBRUARY 2025

2/19/25, 1:41 PM Khalifa Fund Sponsors 6 Ventures At IDEX 2025 - UrduPoint
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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