The UAE continues to spend heavily on its military capabilities, while at the same time pushing to expand its domestic defence-related manufacturing industries, as a means both to better protect its own national security and to contribute to diversifying its economy away from oil and gas.
Ports play a central role in the economic development of Abu Dhabi, contributing 3.6% of the emirate’s non-oil GDP in 2017, a value-added contribution of Dh19.6bn ($5.3bn). Closer ties with a number of international partners coupled with the growing needs of a diversifying domestic economy are driving the expansion of the emirate’s seaports,...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower airfares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
While the UAE remains a net importer of military equipment, the federal government has been pushing to reduce its dependency on imports through the development of its own defence manufacturing capability. At the same time an increase in defence spending across the region, linked to multiple ongoing conflicts, is leading many UAE-based defence...
Over the last decade Abu Dhabi has been pushing forward with plans to create a modern aerospace industry, involving the expansion of its portfolio of original equipment manufacturer (OEM) activities, as well as its aircraft maintenance, repair and overhaul (MRO) facilities. Abu Dhabi authorities also continue to invest heavily in aerospace...
With major port, airport, road network and railway projects under way, Abu Dhabi’s transportation sector has become a major focus of investment in recent years. International investors and developers are playing a central role in infrastructure planning, construction and management, which is seen as a strategic priority driving the emirate’s...
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