defence

NEWS DESK

UBF: Customer Awareness First and Strongest Line of Defence Against Financial Fraud

News Desk 1 18/03/2025 0

The UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has reiterated its call for customers to take necessary precautions against financial fraud, particularly during holiday seasons that witness a surge in promotional offers through digital channels. The

Aviation Business

Leonardo signs MoU with Saudi Arabia

Arnold Pinto 28/01/2025 0

To boost aerospace and defence Leonardo has signed a Memorandum of Understanding (MoU) with the Ministry of Investment (MISA) and the General Authority for Military Industries (GAMI) of Saudi Arabia. The MoU focuses on expanding collaboration in the aerospace and defence sectors, marking a significant step forward in the companies’ long-standing partnership. The

Defence & Security

US to transform US Forces Japan into Joint Forces HQ

News Desk 2 29/07/2024 0

Japan offered nuclear deterrents In a landmark decision, the United States will transform US Forces Japan into a Joint Forces Headquarters. This new structure will report directly to the commander of the US Indo-Pacific Command, as disclosed by US Secretary of Defence Lloyd J. Austin III following a high-profile two-plus-two ministerial meeting in Tokyo on […]

Defence & Security Events

Filipino President Addresses IISS Shangri-La Dialogue 2024

Dan Ngiam 01/06/2024 0

Asia’s Premier Defence Summit President Ferdinand R. Marcos Jr. of the Philippines delivered the keynote address at the 21st edition of the IISS Shangri-La Dialogue, which commenced in Singapore on May 31, 2024. Recognised as Asia’s premier defence summit, this year’s event (May 31-June 2, 2024) is an insightful platform for strategic discourse. US

Defence & Security

Global Military Spending Peaks At $2443 Billion In 2023

Arnold Pinto 29/04/2024 0

Military Buying Up In Most Regions Global military spending surged in 2023 amid rising tensions and insecurity, reaching $2443 billion, according to new data published by the Stockholm International Peace Research Institute (SIPRI). This marked a 6.8% increase in real terms from 2022 and the steepest year-on-year increase since 2009. The 10 largest spenders in […]