The security, aerospace and defence sectors have risen to become an important component of Abu Dhabi’s economic diversification strategy, with activities gaining momentum in recent years. In the aerospace segment, 2016 saw major contracts for new original equipment manufacturing (OEM) and maintenance, repair and overhaul (MRO) projects signed...
Just 10 years after announcing plans to build a world-leading aerospace industry, the government of Abu Dhabi has made major strides in expanding and developing the emirate’s portfolio of original equipment manufacturing (OEM) activities, most notably through Strata Manufacturing, a subsidiary of Mubadala Investment Company.
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The emirate’s latest five-year plan, the Abu Dhabi Plan, was revealed in June 2016. Of key interest to the business community was how the new strategy would differ from the Strategic Plan 2011-15. Variations from one five-year plan to another are bound to be relatively minor, as each strategic phase works towards the objectives already...
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