EDGE and Brazilian Navy Join Forces to Develop Advanced Anti-Drone Systems

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  In a major step toward strengthening maritime security and defense capabilities, EDGE, one of the world's leading advanced technology and defense companies, has announced the signing of a strategic Letter of Intent (LoI) with the Brazilian Navy. This agreement, made through the Navy’s Weapons Systems Directorate, focuses on the joint development of cutting-edge anti-drone systems to counter evolving aerial threats. Strengthening Maritime Defense As drones become increasingly sophisticated and accessible, their potential use in surveillance, reconnaissance, and even offensive operations poses a significant challenge for military forces worldwide. Recognizing this, EDGE and the Brazilian Navy have come together to explore advanced counter-drone technologies tailored for naval applications. With Brazil's extensive coastline and its growing maritime interests, securing naval assets from unmanned aerial threats is a top priority. This collaboration aims to create state-of-the-art ...
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UAE regarded as the best Arab nation for inhabitants' access to economic opportunities: Report

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Also read :The UAE is a popular destination for wealthy foreigners for a number of reasons.

When it comes to providing citizens and investors with the most economic prospects, the UAE has been regarded as the best Arab nation overall.

Also read :The UAE's superiority in global competitiveness is based on two key factors: strategic governance and innovation.

In the list of 128 countries, the World Citizenship Report 2023 ranked the UAE 20th overall and first in the Middle East and Arab area for "Economic Opportunity Rankings," placing it ahead of countries like Iceland, Malaysia, China, Qatar, Italy, Saudi Arabia, South Korea, and Turkey.

Globally, the top five nations that offer the finest economic prospects are Singapore, the US, Hong Kong, the Netherlands, and Japan.

The UAE has made a number of announcements to make doing business easier, including the introduction of a new long-term visa regime, 100% foreign ownership to foreigners, zero income tax, very low corporate income tax, and signing of the Comprehensive Economic Partnership Agreement (CEPA) with a number of nations to facilitate and ease trade with major economies like India, Israel, and others.

Also read : United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% stake in Greece's Terna Energy

According to the 2022 IMD World Competitiveness Ranking, which was published in February, the UAE has the most competitive economy in the Arab World. Additionally, the World Bank and Economist Intelligence Unit also gave the Emirates top marks for their business-friendly climate.

The UAE's economic success has been praised, and Issam Abu Suleiman, director of the Gulf Cooperation Council at the World Bank, anticipates that this rising trend will continue in 2023.

Also read :A Humanitarian Action that Benefits the People of Sudan

He attributed the government's initiatives to diversify the economy, a business-friendly climate, the convenience of conducting business, and advanced infrastructure for the UAE economy's projected growth.

The UAE and other Gulf nations are the highest-ranked in the region, according to the Economist Intelligence Unit's most recent "Assessing the best countries for doing business" report, and the region's score has improved in recent years in line with rising oil prices and expanding absorptive capacity for new investments. According to the EIU, "Qatar, Saudi Arabia, and the UAE will improve even more in 2023-27."

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