Friday, December 8, 2023

EDGE Signs Strategic Cooperation Agreement with SAHA Istanbul at ‘Defence Industry Summit’

EDGE, one of the world’s leading advanced technology and defence groups, is proud to be attending the ‘Defence Industry Summit’ in Türkiye, hosted exclusively for EDGE by SAHA Istanbul, a respected association representing more than 1,000 Turkish defence companies. During the event, which is being held at the Ankara Congress Centre, EDGE signed a strategic cooperation agreement with SAHA Istanbul, paving the way for deeper defence cooperation between the UAE and Türkiye. The Summit will also facilitate several introductory and exploratory meetings between EDGE and Turkish companies.

EDGE has also chosen the summit to announce that it is inaugurating a dedicated office in the UAE named MALATH, which will act as a catalyst for new business engagement between EDGE and SAHA companies, marking a new chapter in UAE-Türkiye defence industry cooperation, and creating greater growth opportunities across the wider region and beyond.

The signing of the strategic cooperation agreement provides a framework for both sides to identify collaborative opportunities for joint development, and will enable EDGE to leverage Türkiye’s advanced defence ecosystem and robust supply chains. The agreement was signed by Mansour AlMulla, EDGE Group Managing Director & CEO, and İlhami Keleş Vice Chairman of SAHA Istanbul, and witnessed by His Excellency Faisal Al Bannai, Chairman of EDGE Group, and Haluk Bayraktar, Chairman of SAHA Istanbul. EDGE will also sign more than 10 further agreements with other Turkish companies operating within the country’s defence sector.

His Excellency Faisal Al Bannai, Chairman of EDGE, said: “Today, we forge a path of strategic alliance with SAHA Istanbul and its member companies, enabling us to tap into Türkiye’s rich defence ecosystem and robust supply chain. This cooperation will not only pave the way for innovation but also strengthen the defence ties between our nations, fostering a sustainable future for our industries.”

Haluk Bayraktar, Chairman of SAHA Istanbul, said: “SAHA Istanbul, with more than 1,000 members, has a goal of developing the technological and sectoral competencies of its members, and to support the formation of a strong ecosystem by supporting the cooperation between these members for the continued development of Türkiye’s sovereign capabilities including exports land & naval platforms, state-of-art unmanned aerial vehicles, and electronic warfare systems.

“The association is working hard to bring companies, universities, and governmental institutions together and are accelerating the formation of new partnerships between them, while encouraging international companies and organisations to cooperate with Turkish companies by organising these kinds of meetings. We believe our partnership with EDGE will be very fruitful for both sides besides and is an important step for the technological development of both our countries.”

Mansour AlMulla, Managing Director and CEO, EDGE, added: “The Defence Industry Summit and the subsequent strategic cooperation agreement between EDGE and SAHA highlights our mutual determination to strengthen our capabilities and drive growth in the defence sector. The opening of MALATH will further solidify our endeavours in trading, joint development, advanced manufacturing, and R&D investment.”

The Defence Industry Summit is also being attended by major UAE defence industry stakeholders including the Ministry of Defence, Tawazun, the Ministry of Industry and Advanced Technology (MoIAT), and the Emirates Defense Companies Council (EDCC). The event is a significant platform for Türkiye’s leading defence manufacturers, SAHA Istanbul companies, and EDGE to demonstrate their capabilities and explore potential areas of collaboration, reaffirming the commitment of both nations to exchange innovative ideas and explore collaborative opportunities in the defence and aerospace sectors.

Umair Aslam
Umair Aslam is the Founder and Chief Executive Officer (CEO) of Global Defense Insight. He has worked as a defense journalist reporting on military modernization programs, nuclear non-proliferation, arms control, and the South Asian Arms race.

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