Tawazun is an industry enabler responsible for the
creation and development of a sustainable defense
and security industry in the UAE.
WHAT WE DO
Tawazun Economic Program
Advancing Capabilities in Defense Industry
The program attracts local and foreign capital, promotes long-term partnerships to further grow and develop the UAE’s defense and security industry, as well as creates opportunities in identified strategic sectors in the UAE.
The Fund contributes to the economic development of the UAE’s Defense and Security industry. It focuses on strategic technology development, supports SMEs in the private sector and promotes innovation and industrial capabilities.
ABU DHABI. August 20th, 2019 560 students have been trained in various technical disciplines Tawazun Economic Council (Tawazun) kicked off a qualitative training program for UAE national students aimed at enhancing human capabilities in the nation’s industrial sector. Shehab Issa Abu Shehab, Chief Executive of Strategy at Tawazun, stated that the Council seeks to develop national [...]
ABU DHABI. February 14th, 2019 Tawazun Economic Council, the UAE defence and security industry enabler, today announced a series of changes to the Tawazun Economic programme through which foreign and local investments are channelled into key sectors of the economy. Tareq Abdul Raheem Al Hosani, Chief Executive Officer of Tawazun Economic Council, said, "We have [...]
ABU DHABI, 13th February, 2019 (WAM) Tawazun Economic Council has announced the launch of the Defence and Security Development Fund with a capital of AED2.5 billion (equivalent of US$680 million). The Fund contributes to the enablement of the defence and security sector and its contribution to economic development in the United Arab Emirates. The Defence [...]
Tawazun Economic Council hosted the 8th Defense Contractors Council meeting on Sunday at St. Regis Saadiyat - Abu Dhabi. Matar Ali Al Romaithi, Chief Economic Development Officer of Tawazun Economic Council, attended the workshop, along with senior representatives from International defense companies. In his keynote speech, Al Romaithi, welcomed the participants and underscored the myriad [...]
