The agreement includes investments in artificial intelligence, training, emergency response, and automation. Edge Group is headquartered in Abu Dhabi and operates in the defense industry in Brazil. Ambipar specializes in environmental management.
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The street race distributed prizes ranging from approximately USD 90 to USD 900, along with airline tickets to Dubai. The event raised awareness about water usage.
The Arab group has controlled the Brazilian company since the beginning of this year. The agreement also includes specialized training.
Edge Group, SIATT, and the Brazilian Navy signed a partnership to complete the development of armament for a new class of vessels.
Agreement covers a master’s degree in aerospace engineering, as well as technology-related activities and workforce training.
Brazil-based non-lethal arm manufacturer owned by a group from the United Arab Emirates signed a USD 10 million deal.