He died of natural causes, says publicist
The joint venture — which will see the new company produce UAE-designed armoured vehicles in Algeria under licence from Nimr — means that the UAE is now exporting its advanced defence technology know-how to other markets around the world. The agreement also allows Tawazun easier access to the African defence market, opening up new commercial opportunities for the fast-growing strategic manufacturer.
The newly-created company will initially target producing more than 200 4x4 armored vehicles after its set-up is complete.
One of Tawazun’s twelve subsidiaries, Nimr is a defence vehicle manufacturer based in Abu Dhabi which provides a portfolio of armored vehicle products to address the various needs of global armed forces and internal security organisations.
The new JV with GPIM is entering into agreements with Nimr Automotive to transfer the technology and manufacturing know-how needed to assemble and produce two versions of the 4x4 armored vehicles in Algeria.
The Nimr UAE team will also work with its Algerian counterpart on human capability training and development to build up the skills of the over 300 Algerian work force.
The JV will, over time, produce several major components in Algeria while certain UAE-made components needed to assemble the cars will be supplied to it by Nimr Automotive.
“As the defence manufacturing industry becomes increasingly competitive globally, it is vital for manufacturers to seek out new ways of expanding their business. We’ve selected DFM as a partner due to its high standards that match our own, as well as Algeria being a gateway to reach other African markets which could promote new partnership opportunities for us in the near future,” Tawazun Holding chief executive officer Saif Al Hajeri said.
The JV will produce two variations of Nimr 4x4 vehicles to meet the requirements of the Algerian market over the next 15 years for a demand forecast of 2,500 cars, with the aim to potentially supply other customers in the region.
He died of natural causes, says publicist
The UAE are hoping to qualify for the World Cup for the first time since 1990
After years of training, 15-year-old Karin Belbeisi and 16-year old Christina Rach will represent their nations this summer
Applicants can register their interest by attending one of the roadshows or by signing up for more information online
Institutions are segmented into two major categories: research institutions and non-research institutions of higher education
The Indian captain didn't mince his words at the press conference ahead of the T20 World Cup semifinal against England
Robots are excellent options to augment human capabilities and human oversight and interaction remain crucial for tasks requiring empathy, complex decision-making and personal touch
The new policy will be in place from June 28 until October, authority says