The UAE defence and aerospace sectors are growing rapidly as our country assumes a greater presence on the world stage. This growth comes with unique opportunities for foreign investors, not just to increase sales, but to engage with an emerging global hub. Like the armed forces in many other countries, the UAE Armed Forces are moving towards the outsourcing of key...
Displaying 1087 - 1092 of 1794
Interviews & Viewpoints | Homaid Al Shemmari, CEO of Aerospace and Engineering Services, Mubadala, on opportunities and threats from The Report: Abu Dhabi 2015
Articles & Analysis | Local defence manufacturing continues to expand, supplying an increasing number of products from The Report: Abu Dhabi 2015
Abu Dhabi’s defence industry has grown at an impressive pace in recent years, bolstered in large part by the expansion of its local manufacturing capabilities. Several leading global players have partnered with the emirate to establish facilities locally, a demonstration of the success of the country’s offset programme, and ensuring a steady, long-term supply of high-...
Articles & Analysis | With strong support from the government, the industry has seen notable growth and a host of new investments from The Report: Abu Dhabi 2015
Driven in large part by targeted government investment, an offset programme aimed at bolstering domestic capacity and regional unrest that has led to greater defence spending, Abu Dhabi has witnessed tremendous growth in its aerospace and defence industry of late. In the aerospace sector, the emirate has already established itself as a leading global provider of...
Chapter | Telecoms & IT from The Report: Abu Dhabi 2015
The telecoms industry is valued at $7.9bn and currently accounts for 3% of national GDP with the sector witnessing expansion of 6.6% in 2013, comparing favourably with the country’s overall GDP growth of 5.2%. Meanwhile the ICT sector added $5.7bn in real terms to the economy in 2013, representing a rise of 13.2% and equivalent to 2.9% of GDP. Indeed ICT has been a government focus in recent...
Chapter | Security, Aerospace & Defence from The Report: Abu Dhabi 2015
Driven in large part by targeted government investment and an offset programme aimed at bolstering domestic capacity, Abu Dhabi has witnessed tremendous growth in its aerospace and defence industry in recent times. National Service was introduced in the UAE in 2014 and is mandatory for Emiratis aged 18 to 30. The government has also launched a range of training programmes aimed at bolstering...
Hydrocarbons revenues still form the bulk of Abu Dhabi’s GDP and while falling prices are a concern, the emirate has been moving steadily towards its economic diversification targets in line with Abu Dhabi Economic Vision 2030. The past 10 years has seen the non-oil sector expand strongly on the back of business-friendly government policies, as a result of which non-oil sector growth now outpaces that of the oil sector.