The government has played a key role in the expansion of the security, aerospace and defence industry over the past decade in an effort to strengthen the UAE’s defence capabilities and as a means of boosting economic diversification. The UAE has traditionally purchased the majority of its military hardware and equipment from the world’s largest suppliers; however, this is changing as more local...
The Middle East Industry
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Chapter | Security, Aerospace & Defence from The Report: Abu Dhabi 2014
A new phosphate mining and processing mega-project is set to improve Saudi Arabia’s access to the global fertiliser market, but a potential excess of international supply may extend the period before the multi-billion scheme turns a profit.
A new committee has been launched to build on the success of the Aqaba Special Economic Zone, the centrepiece of a long-term strategy to spread faster and more sustainable economic development to the rest of the kingdom.
The emirate posted robust economic expansion across all sectors in 2013, and its resilience in the years following the global economic downturn has helped to re-build confidence among the global business community. Dubai has set itself the target of reaching 20m visitors per year by 2020 and the emirate received a major boost to this end when it won the right to host World Expo 2020 in November 2013.
Articles & Analysis | Welcome contribution: Manufacturing and trans-shipment are helping to diversify the economy from The Report: Dubai 2014
Dubai has invested heavily in the creation of competitive infrastructure and a business-friendly regulatory framework to help solidify its status as a regional hub for trade and manufacturing. In terms of logistics, the Jebel Ali Port and the rapid expansion of the national airline, Emirates, provide companies with streamlined import/export...
Articles & Analysis | Diverse participants: Companies of all sizes play key roles in the industrial sector from The Report: Dubai 2014
According to the Dubai Chamber, manufacturing is among the greatest contributors to the UAE’s non-oil GDP, accounting for roughly 14% of non-oil GDP over the last decade. This figure grew to 16% in 2012 and was expected to rise as high as 19% in 2013. At the national level, the bulk of manufacturing investments are concentrated in heavy industry...