Edge partners with Spanish defence firm for $1.725bn weapons joint ventureExecutive summary: Escribano and UAE's Edge have formed a joint venture to produce weapons systems, backed by 1.725 million euros in contracts. The partnership deepens defence ties between Spain and the UAE, creating a strategic foothold in European‑Gulf defence cooperation and potentially expanding joint weapons production. Escribano (Spanish defence firm) and Edge (UAE defence company), with involvement from government and private sector stakeholders in both countries. Future contracts and expanded joint projects are expected, with possible growth in defence exports and further collaboration on advanced weapons platforms.Escribano and UAE's Edge have signed a joint venture to develop weapons systems, investing 1.725 million euros in contracts. The deal merges Spanish engineering expertise with Emirati financial and logistical resources to enhance defence capabilities in both nations. It reflects a broader trend of European-Gulf collaboration in advanced weapons manufacturing.Connected developmentsIran‑US framework agreementFrench economy forecastLive From Wealth Management EDGE: Focus on AI, Growth and UHNW Wealth TransferOpen the full case file on Beyond →
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