A merger between United Arab Emirates defense giants Mubadala Development, Tawazun and Emirates Advanced Investments could be completed within the next six months, according to sources close to discussions.

The three defense companies are likely to announce the creation of a new entity before the International Defence Exhibition in Abu Dhabi next year.

In April, a memorandum of understanding expressing their intent to explore “the synergy opportunities that could be created by the unification of their defense services businesses” was signed at the International Exhibition for Security and National Resilience in Abu Dhabi. […]