Abu Dhabis Mubadala Development Company has signed agreements with two aircraft manufacturers, the US Boeing and Frances Airbus.
An agreement with Boeing will see the company providing up to $2.5bn in materials such as machined metals, used to build planes such as the Boeing 787 and the new 777X model.
Mubadala also signed a deal with Airbus under which the aircraft manufacturer has committed to awarding work packages to Strata, which is Mubadalas advanced composite aerostructures manufacturing plant.
Both agreements were announced at the Dubai Airshow, held on 17-21 November at Dubai World Central, and are expected to further strengthen relations between the country and the two aircraft manufacturers.
The Gulf is a key market for both Airbus and Boeing, with the top three airlines in the region announcing multibillion-dollar aircraft orders at the airshow.
Abu Dhabis Etihad Airways has placed an order for 117 Airbus planes and 82 Boeing aircraft, with the combined value of orders topping $67bn.
Both Dubais Emirates airline and Qatar Airways have also placed multimillion-dollar orders with both manufacturers.