Tawazun Holding named headline sponsor of IDEX 2013
The Abu Dhabi National Exhibitions Company ADNEC today announced the return of Tawazun Holding as headline sponsor for the International Defence Exhibition IDEX 2013. The event will be held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, at Abu Dhabi’s National Exhibition Centre from the 17th – 21st of February. Tawazun, the UAE’s strategic investment firm building skills, expertise, products and systems for the industrial manufacturing sector, views the sponsorship as a strategic imperative given IDEX’s role as the Middle East’s largest tri-service defence exhibition.
“We are very pleased to have the continued support of Tawazun, which has been a strong backer of IDEX almost since their inception,” said IDEX Director, Saleh Almarzooqi. “The on-going support of leading organisations domestically and internationallyis critical to the success of IDEX. We look forward to working in partnership with Tawazun on the upcoming edition to further solidify the event’s stature in the global defence industry.”
“We consider IDEX as a central facilitator for the work and ambitions of Tawazun and its subsidiaries, and we are proud to offer our continued support,” said Saif Ali Al Marzooqi, Associate Director of Corporate Communications at Tawazun.“Every two years, the eyes of the world’s key defence decision makers shift to Abu Dhabi; a strong opportunity asTawazun works to develop – and attract - long-term partnerships with industry leaders. We look forward to showcasing to the multicultural audience our capabilities in producing world-class products and services made in the UAE with UAE hands.”
Established in 2007 under the umbrella of the Tawazun Economic Council, Tawazun is selectively building strategic manufacturing and engineering businesses helping contribute to the fast-growing industrial backbone of the UAE. Its investments focus is on the development and expansion of emerging industries that add value to the UAE economy and its diversification plans. At its core, Tawazun works to build industries backed by UAE talent and driven through local ingenuity.
Tawazun Economic Council was founded in 1992 to fulfil a vision of comprehensive and sustainable economic and social development within the UAE.
Since its establishment, the Council enabled creation of more than 90 companies and investment vehicles, covering 11 sectors, including defense manufacturing. These companies play a vital role in boosting economic growth in the UAE.
The Council envisions maximizing economic benefits by providing the needed inputs for the industrial development, supervising relevant acquisition programs, driving necessary industry regulations and contribution to economic diversification. It also targets contribution to enhancing UAE’s industrial stature, to achieving a robust knowledge-based economy and to boosting the flow of Foreign Direct Investments (FDIs)