United Arab Emirates Defence and Security Report - Q4 2014

Business Monitor International
August 20, 2014
77 Pages - SKU: BMI5315729
Countries covered: United Arab Emirates

United Arab Emirates Defence and Security Report - Q4 2014

BMI View: The UAE continues to scale up its defence equipment procurement and its own initiates toestablish itself as a regional hub in terms of defence equipment manufacturing. A key focus for the sector inthe country has been diversification - in terms of trying to procure defence equipment from a diverse rangeof markets (chief among them being the US, the UK, France and Italy) in terms of trying to export its ownmanufacturing to a wider audience (primarily currently other markets in the Middle East and North Africaregion) and in terms of diversifying its military equipment base to improve its ability to cater to newregional threats (ie the emergence of terrorism and piracy, in addition to more traditional surveillanceneeds).

The UAE has been one of the largest spenders on defence in the Middle Eastern region. The expenditure onmateriel and defence services which the country has performed in recent years has largely been driven bytwo factors: the first is high oil prices and the second is the overall security situation in the Middle East.



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