Saudi, UAE set for 'major orders' of VIP armoured car

By Andy Sambidge
  • Friday, 27 February 2009 7:53 AM
  • Share via facebook
  • Tweet this
  • Bookmark and Share

Saudi Arabia, the UAE and Russia are expected to place "major orders" for a new civilian VIP armoured vehicle, it has been announced. Hydra Trading, an Abu Dhabi-based company specialising in providing technology solutions and maintenance, repair and overhaul services to the defence industry, said it had already secured more than AED122 million ($33m) in orders for the locally manufactured vehicles.

According to Dr Mohamad Zahran, director general, speaking on the sidelines of the International Defence Exhibition (IDEX) in Abu Dhabi, the vehicle is mainly targeted for escorting VIPs, police and para-military forces.

"We are extremely pleased with the response this product has received. We have already sold around 75 units of the vehicle that combines 4x4 security with a luxury finish.

"We are delighted at the response that Idex has generated for this product. We are further expecting major orders from Saudi Arabia, Russia and the UAE. The orders are expected to come from the armed forces for force protection and individuals for personal security," he added

Hydra Trading added that the serial production activity is expected to start soon and the company is expected to deliver the first batch of vehicle units in about six months time.

IDEX 2009 concluded on Thursday with the total deals signed during the five-day event exceeding AED18 billion.

Related:

Also in Technology

Shareholders sue Facebook, NYSE comes calling

Samsung phone on sale in Dubai one week early

Also in UAE

Dubai banks eye mortgages for foreign buyers

UK gov't to certify Dubai Brit schools

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Can't read the image? Click it to get a new one.

All comments are subject to approval before appearingTerms and conditions

Further reading

Get E-Mail Alerts
Features & Analysis
Vulnerabilities in the energy industry need to be exposed and rectified

Digital danger zone

Vulnerability to a cyber attack could be the oil and gas industry...

Is Facebook really worth $100bn?

The time has finally come for the internet’s biggest phenomenon...

1
Group-buying websites like GoNabit have seen instant success in the Gulf

Group therapy

Group buying took off in the post-crisis Gulf - but is it really...

1
Most Popular
Most Discussed
Read all user comments »
  • 36
    Saudi Arabia bans use of Western calendar

    Given that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more

    Thursday, 24 May 2012 1:24 PM - Mark Renton
  • 27
    Disputed Gulf islands belong to UAE - poll

    It is the Arabian Gulf because firstly Persia hasn't existed since 1935 and, therefore, does not appear on modern maps. So, by saying Persian Gulf we are... more

    Sunday, 20 May 2012 7:40 PM - Juma Said Juma
  • 25
    Nakheel targets 'young and trendy' for Palm project

    Palm Jumeirah = Disneyland. Is this the kind of community to invest in for a home ???? or a hotel ? It baffles me why people would invest in an apartment... more

    Wednesday, 23 May 2012 4:13 PM - Paul
  • 19
    Iran eyes Google legal action over Gulf naming

    Instead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more

    Tuesday, 22 May 2012 9:30 PM - Fahd
  • 16
    Kuwait's ruler blocks MPs' Islamic law proposal

    several good points made here however democracy is about all the people and there are over 4 million people in Kuwait, Kuwaitis and expats we the expats... more

    Friday, 18 May 2012 7:32 PM - james
Read all user comments »
Read all user comments »