Fast Market Research recommends "United Arab Emirates Defence & Security Report Q1 2014" from Business Monitor International, now available
Boston, MA -- (SBWIRE) -- 12/25/2013 -- We expect the UAE's defence spending to increase to AED152.8bn in 2017. This will take defence spending per capita to AED17,632.
The push to establish itself as a key regional defence hub and the ongoing modernisation of defence equipment, as the country seeks to enhance its technological capabilities, will be major drivers of defence expenditure growth. However, the country's ability to support this growth will be predicated on greater state investment and this will be informed by a robust economic growth outlook over our forecast period; we are forecasting average annual real Gross Domestic Product growth of 3.7% to 2017.
BMI's UAE Defence & Security Report examines the country's strategic position in the Middle East and the wider world. It provides an overview of the contemporary geopolitical challenges facing the country, and the challenges it may face in the future, especially in the context of tensions with Iran and of the Arab Spring.
View Full Report Details and Table of Contents
In addition, the report examines the trends occurring in the country's current and future defence procurement, and the order of battle across its armed forces. The general conclusion is that the UAE will continue to invest heavily in defence procurement, spending more than all the other countries in the Gulf Cooperation Council with the exception of Saudi Arabia and so giving itself a capability edge over many of its neighbours in spite of the relatively modest size of its armed forces.
Tensions with Iran may ease somewhat following the 2013 Iranian presidential election which has seen the country's new political leader, Hassan Rouhani, strike a more conciliatory tone on the international stage. However, the UAE's close alliances with the US and its fellow GCC members should provide protection to the UAE in the event of a regional conflict with Iran - an outcome that may or may not directly involve the Emirates.
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Defense research reports at Fast Market Research
You may also be interested in these related reports:
- Turkey Defence & Security Report Q1 2014
- Iran Defence & Security Report Q1 2014
- Israel Defence & Security Report Q1 2014
- Singapore Defence & Security Report Q1 2014
- Poland Defence & Security Report Q1 2014
- Brazil Defence & Security Report Q1 2014
- South Korea Defence & Security Report Q1 2014
- Japan Defence & Security Report Q1 2014
- China Defence & Security Report Q1 2014
- Colombia Defence & Security Report Q1 2014
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)