- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:31 05:49 12:21 15:48 18:47 20:05
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(AFP) | |
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Injazat Data Systems, the country’s leading IT company, has launched a new subsidiary that has already won a major contract from the UAE Armed Forces. Injazat Defence Services will provide business process and information technology services to the defence forces of the region, said Injazat’s CEO Ibrahim Mohammed Lari. Without going into detail, Lari said the company will have its first contract from the UAE Armed Forces this year. “We are expecting good news coming from defence this year,” the Injazat chief said. Injazat Data Systems was established in February 2005 as a joint venture between Mubadala and Britain’s Electronic Data Systems to provide a wide rang of IT services in the Middle East. The new subsidiary, Lari announced, will commence its operations today and will be positioned as a local defence company that can leverage Electronic Data Systems’ global defence consultancy, as well as its outsourcing and service delivery, to address local and regional security requirements. A working investment of Dh12 million will be made for the new company this year and next year, he added. The funds will be raised from Mubadala shares. “As one of the UAE’s leading IT services companies, we have developed a solid reputation based on our secure and flexible services that have earned us the respect of governments throughout the region,” Lari explained. The Injazat CEO added that in order to assist the local and regional military and defence organisations in meeting their needs, “our defence subsidiary will capitalise on this reputation and will develop local world-class expertise”. Services offered by Injazat Defence will also include reconnaissance
and battlefield intelligence, logistics, training, payroll, pensions and veterans administration. Commenting on the initiative, Sir Rob Fry, vice-president and managing director for EDS Defence Services in the UK, said: “From our global experience, we recognise and understand many of the needs of the UAE and the region in defence. “The Injazat business model of using EDS’ experience to generate local capabilities has achieved remarkable success and we believe we can repeat this success in the defence and homeland security markets. The time is right to launch Injazat Defence and we are all very excited about this initiative.” |
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