Barzan Holdings, the first defence and security company responsible for empowering the military capabilities of the Qatar Armed Forces in the State of Qatar, has made its official public launch on the first day of DIMDEX 2018 running from 12 to 14 March. The launch took place during DIMDEX’s opening ceremony in the Qatar National Convention Centre (QNCC) and included a detailed presentation of the company revealed to the public for the first time.
Barzan Holdings was officialy launched on the first day of Dimdex 2018
Barzan Holdings’ Managing Director, Nasser Hassan N.A. Al Naimi, announced Barzan Holdings in front of His Highness the Deputy Emir Sheikh Abdullah bin Hamad Al Thani, senior government and military officials,VIPs, businessmen, international and regional companies participating in DIMDEX’s exhibition, together with a large number of international, regional and local media. A video was also presented to the audience about Barzan Holdings to shed light on its vision, mission, values and objectives.
H.E. Dr. Khalid Bin Mohammed Al Attiyah, Minister of the State for Defence Affairs and Chairman of Barzan Holdings, stated that Barzan Holdings’main objective is to meet Qatar’s long-term defence and security needs, and is strengthening Qatar’s future by setting a road map for Qatar’s military and security industries.
His Excellency added: “The State of Qatar is seeking to acquire the most innovative technologies, cutting-edge practices and methods, and to train human capabilities to ensure self-sufficiency in defence. To achieve this, Barzan Holdings was established as the official entity authorized to hold strategic partnerships with leading international companies in the military field, where joint projects will focus on building human and technological capital, research and development, and provide consultancy regarding conducting strategic procurement required by Qatar’s different military sectors.”
Mr Nasser Hassan N.A. Al Naimi, Barzan Holdings’ Managing Director said that Barzan Holdings is considered a unique model of its kind, our partners were selected based on not only being able to meet Qatar’s defence and security needs but also on the ability to bring commercial gain to both parties and create new revenue streams for the State of Qatar.
He added that “The joint ventures (JVs) are the primary way that Barzan Holdings is building R&D capabilities in Qatar through knowledge transfer. This will ensure having a self-sufficient country in the field of defence and security for the benefit of the state and all of it citizens”.
Mr Mohammed Mubarak Al Khater, CEO of Barzan Holdings said: "Barzan Holdings has now been officially inaugurated after completing several key features of the project. Barzan Holdings is the result of 2 years of hard work and we have entered into several successful agreements with leading companies in the field of defence and security, demonstrating that Barzan Holdings will spare no effort to enhance defence and security capabilities in Qatar. Al Khater added: "We are delighted that Barzan Holdings is the strategic partner of DIMDEX, one of the largest and most high-profile defence shows in the world”.
