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Abu Dhabi’s Mubadala Investment Company and the Brazilian Embravares have announced their signing of a strategic framework agreement to enhance the UAE’s position in the global aviation sector during the Farnborough International Airshow. The agreement includes developing supply chain fields, maintenance, repair, and overhaul services, nurturing national talent, and research and development in future aircraft structures technologies, with the aim of establishing a joint innovation center. The partnership seeks to accelerate technological solutions and develop domestic manufacturing capabilities, with a focus on strengthening Abu Dhabi’s status as a global industrial hub and supporting the country's economic diversification strategy.
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