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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A Look at the $30 Billion Relationship Behind the UAE's Growing Investment in Morocco.

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UAE

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

With over $30 billion in investments flowing into the country of North Africa, Morocco has emerged as a major hub for investment from the United Arab Emirates (UAE). The increase in investment indicates a new phase of cooperation and expansion and highlights the strengthening economic ties between the two nations.

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


The UAE International Investors Council Secretary-General, Jamal Saif Al Jarwan, disclosed this noteworthy investment amount, providing insight into the UAE's growing worldwide investment footprint. He pointed out that as of early 2024, the UAE's total foreign investments—which include both public and commercial sectors—had increased to about $2.5 trillion. With the UAE ranked first in West Asia and the Arab world and 15th globally for foreign investment, this puts the country at the forefront of the global investor community. Emirati investment 

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

With substantial holdings in bonds and direct investments totaling $65 billion, the United States continues to be the greatest beneficiary of UAE investments; nevertheless, Morocco has emerged as an important destination with its $30 billion share. This large investment in Morocco highlights the nation's appeal as a hub for foreign direct investment, providing bright prospects for economic development and expansion.

Also read :Latest report said UAE climbs to seventh place in global competitiveness ranking
The UAE's investment in Morocco is evidence of the two countries' close economic relations and the advantages of their cooperation. This collaboration is anticipated to further boost economic growth and open up new chances for both nations as Morocco continues to draw in foreign investment. 

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