UAE – Mubasher: MBF Group has signed an agreement with American Aerospace to cooperate in defence aerospace business, along with maintenance and training in the UAE, Saudi Arabia, Bahrain, and other countries in the Middle East, North Africa, and South Asia.
The agreement between both companies will contribute to the development of the UAE aerospace sector, founder and chairman of MBF Group Sheikh Mohammed bin Faisal said, according to the Emirates News Agency.
"The partnership will conduct its business activities directly or through subsidiaries, affiliates or subcontracts with other parties under contracts with various governments, government,” Bin Faisal added.
The top officials referred to the role played by the Dubai Airshow in boosting the industry.
Dubai Airshow 2019, one of the largest and most successful air shows in the world, has seen on-site orders totalling $54.5 billion.
Held on 17-18 November, the 2019 edition of the global aerospace event attracted over 1,288 exhibitors and included the display of 161 aircraft.