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Tawazun Economic Council (TEC) was founded in 1992 to support a vision of comprehensive and sustainable economic and social development within the UAE.

Through the implementation of its economic development program initiatives, Tawazun Economic Council (TEC) acts as a key enabler for the development of defense and security industries in the UAE. Tawazun Economic Council (TEC) provides the needed inputs for the defense industrial development including attracting additional local and foreign capital into the industry as well as actively supporting the SME segment.