ISDEF to Establish Israeli Pavilion at Abu Dhabi's International Defense Exhibition

Combined logos of IDEX and NAVDEX via WAM
Combined logos of IDEX and NAVDEX via WAM
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ISDEF to Establish Israeli Pavilion at Abu Dhabi's International Defense Exhibition

Combined logos of IDEX and NAVDEX via WAM
Combined logos of IDEX and NAVDEX via WAM

IDEX, the International Defense Exhibition and Conference organized by Abu Dhabi National Exhibition Company, ADNEC, said it signed a strategic agreement with ISDEF, the Israeli Defense, Homeland Security and Cyber Expo to promote Israeli defense, security, and technology companies.

IDEX will take place at the Abu Dhabi National Exhibitions Center in Abu Dhabi from 21st to 25th February 2021.

The addition of the pavilion to the exhibition highlights the continuous growth and development of IDEX and NAVDEX since their launch in the early 1990s.

Since the inception of IDEX and NAVDEX, ADNEC has shown an impressive track record in shaping the regional business tourism landscape for the industry, state news agency WAM reported.

Previously, ISDEF hosted major Israeli companies from the defense and cyber sectors, such as OSG, IWI, NSO Group, Skylock, Elsight, and others, displaying advanced technologies and solutions including cybersecurity, intelligence and Internet of Things, IoT, mobile infrastructure, smart sensors, military and police equipment and training.

The opening of registration for Israeli companies to participate as part of the Israeli pavilion at IDEX is to be officially announced in the next few weeks.

Commenting on the signing of the agreements, Humaid Matar Al Dhaheri, Managing Director and Group CEO of ADNEC, said, "At ADNEC, we are happy to sign this partnership with ISDEF to introduce a new pavilion to IDEX and NAVDEX 2021. We look forward to working with our new partners, who will help us increase the attendance of both delegates and visitors to this leading regional event."

Stacy Dotan, Chief Marketing Officer and member of the Board of Directors of Avnon Group commented, "Following the recently signed historic peace agreement, I believe that there will be some amazing opportunities between the UAE and Israeli companies in the business and security sectors.

Matti Weinberg, CEO of ISDEF, said, "This agreement reflects ISDEF’s professional and forward-thinking approach as a major marketing platform for Israel’s innovative cybersecurity, defense and HLS technologies. This is an important step towards the recognition of leading technologies and exports promotion."

The upcoming edition of IDEX and NAVDEX is expected to cater to more than 1,300 companies specializing in different applications of the defense sector.



World Bank Redirects Funds Towards Lebanon Emergency Aid

Flames rise from Israeli airstrikes in Dahiyeh, Beirut, Lebanon, Friday, Oct. 4, 2024. (AP Photo/Hussein Malla)
Flames rise from Israeli airstrikes in Dahiyeh, Beirut, Lebanon, Friday, Oct. 4, 2024. (AP Photo/Hussein Malla)
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World Bank Redirects Funds Towards Lebanon Emergency Aid

Flames rise from Israeli airstrikes in Dahiyeh, Beirut, Lebanon, Friday, Oct. 4, 2024. (AP Photo/Hussein Malla)
Flames rise from Israeli airstrikes in Dahiyeh, Beirut, Lebanon, Friday, Oct. 4, 2024. (AP Photo/Hussein Malla)

The World Bank announced on Thursday that it was redirecting funds originally earmarked for development programs in Lebanon towards emergency aid for people displaced by Israeli bombardment of the country.

"The World Bank is activating emergency response plans to be able to repurpose resources in the portfolio to respond to the urgent needs of people in Lebanon," said a statement from the US-based multilateral institution.

The multilateral institution currently has $1.5 billion in funding for programs in Lebanon. Part of this amount will be redirected.

Since September 23, more than 1,000 people have been killed in an Israeli air-and-ground campaign on Lebanon that has targeted armed group Hezbollah in the south and east of the country, with strikes expanding to include the capital Beirut.

Thousands have been displaced since the bombing began, and the funds would be used to provide aid to those populations, the World Bank said.

"This would include emergency support to displaced people that could be deployed through a digital platform the World Bank helped put in place during the Covid epidemic," the statement said.