The United Arab Emirates and Saudi Arabia signed a deal to produce the four-wheel drive JAIS vehicle, developed by Emirate firm Nimr, in Saudi Arabia.
Negotiations between Edge Group subsidiary NIMR and Saudi Arabian Military Industries SAMI were ongoing for some time over the terms of a potential partnership.
Designed to lay the foundation for a long-term joint venture between the two entities, the agreement mandates NIMR license technology to Saudi Arabia so the kingdom’s industry can manufacture the JAIS vehicle and further develop its supply chain.
The JAIS was selected for production in Saudi Arabia after facing off against other vehicles in a competition run by SAMI and Saudi military experts. SAMI has selected NIMR as its preferred local partner due to its strategic position as a key enabler of the Saudi Vision 2030.
This achievement supports the kingdom's Public Investment Fund’s efforts through SAMI in localizing cutting-edge technology and knowledge, as well as building strategic economic partnerships.
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