Tawazun Economic Council diversifies UAE&s;s economy by creating new ventures in sectors of national importance.
Business Model:
Revenue: $21.6M
Employees: 201-500
Address: PO Box 908
City: Abu Dhabi
State: abu dhabi emirate
Zip:
Country: AE
Tawazun Economic Council is an industrial participation program that seeks to derive economic value from the country’s extensive defense procurement program. Tawazun Economic Program has worked actively to diversify the UAE economy by creating new ventures in sectors of national importance. The Tawazun Economic Program, which is overseen by the Tawazun Economic Council, is UAE’s industrial participation program that seeks to derive economic value from the country’s extensive defense procurement program. Since 1992, Tawazun Economic Program has worked actively to diversify the UAE economy by creating new ventures in sectors of national importance. The program has partnered with international contractors, brought investments and latest technologies into UAE, generated knowledge-based jobs for UAE nationals and created business opportunities for UAE companies.
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Announced Date | Company | Transaction | Money Raised |
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2/2019 | Al Marakeb Boats Manufacturing | Corporate Round | - |
11/2019 | VR Technologies | Corporate Round | - |
2/2019 | Aurus | Corporate Round | 0 |
6/2022 | LexX Technologies | Seed Round | 252.7k |
6/2022 | LexX Technologies | Seed Round | 0 |
11/2019 | VR Technologies | Corporate Round | - |
2/2019 | Aurus | Corporate Round | 0 |
2/2019 | Al Marakeb Boats Manufacturing | Corporate Round | - |
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