Subscribe Free
in Defence

Defence spending on the up in the Middle East

Posted 18 February 2019 · Add Comment

The Middle East is cited by Deloitte as one of the key regions that are expected to contribute to industry performance in the near term, in its 2019 global aerospace and defence industry outlook. It states that defence spending in the region is expected to increase as oil prices stabilise at much higher levels compared to recent years.

 

The Dubai Airshow has a well deserved reputation for representing all sectors of the aerospace industry and the 2019 edition, taking place 17-21 November at DWC, Dubai Airshow Site, will be no exception. 

At the Dubai Airshow 2017, the UAE Ministry of Defence spent more than $4 billion on new products, services and technologies from a range of companies that were exhibiting at the event. “The great thing about the Dubai Airshow is that people come there prepared to do business,” says Major General Abdullah Al Hashemi of the UAE MOD. “Having seen the show grow over the years to now attract the biggest and best of the industry from around the world, I’m looking forward to seeing what will be on offer in November.” 

Of the 1300 exhibitors expected at the Dubai Airshow, around 40% are predicted to be defence companies, with many more companies represented that are part of the associated supply chain. Demonstrating the global appeal of the event, those already committed to exhibiting include Lockheed Martin and Raytheon from the USA, Sukhoi from Russia and Rafale from France as well as Emirates Defense Industries Company (EDIC) from the UAE. In addition, new exhibitors to the event include the Korea Defense Industry Association.

The Dubai Airshow will once again include its reknowned Delegations Programme, in which military and civil delegations from across the world are invited to participate, co-ordinated by show organisers, in conjunction with the UAE Ministry of Defence, Dubai’s Department of Civil Aviation Authority and the Government of Dubai. In 2017, the show hosted 279 delegations from 76 countries around the world, with that number expected to increase in 2019.

Michele van Akelijen, managing director of Tarsus F&E LLC Middle East, said: “The Dubai Airshow is the most effective the way to do business in the Middle East, and the networking value is immeasurable. The region’s business culture is all about face-to-face communication where personal business relationships are highly valued. The Dubai Airshow provides the ideal platform for the aerospace industry as whole to come together and do business in the region and beyond.” 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Trusted Transguard to transport TRIGEM’s diamonds

Transguard, one of the UAE's security and logistics firm and, a division of the Emirates Group, has signed an agreement with TRIGEM DMCC, an independent diamond service company, to provide exactly that – secure transport services.

Flyadeal fleet circumnavigated the globe 599 times in 2019

Saudi Arabia’s low cost carrier and the Kingdom’s third-largest airline, with its fleet of 14 aircraft, Flyadeal, has travelled more than 24 million kilometres in 2019 – the equivalent of circumnavigating the globe approximately 599

Moody's upgrades DAE's rating to investment grade

Dubai Aerospace Enterprise (DAE) has announced that Moody’s Investors Service has upgraded the corporate family rating of Dubai Aerospace Enterprise (DAE) to Baa3 from Ba1, and the senior unsecured rating of subsidiary DAE Funding

Boeing reports fourth-quarter results

The Boeing Company has reported fourth-quarter revenue of $17.9 billion, GAAP loss per share of ($1.79) and core loss per share (non-GAAP) of ($2.33), primarily reflecting the impacts of the 737 MAX grounding.

Airbus C295 successfully performs wet contacts as a tanker

The Airbus C295 tactical airlifter has successfully achieved its first wet contacts during an air-to-air (AAR) tanker flight test campaign.

Arabian Adventures MICE wins SITE Crystal Award

For the second time in three years, Arabian Adventures Meetings, Incentives & Events (MICE) has won the prestigious SITE Crystal Award for Excellence in Incentive Travel, Africa and the Middle East.

AVMENA20 SK1309100620
See us at
AVAFA20BT2607050320AIME BT0801260220AVMENA20 BT1309100620Sofex BT2611020420SaudiAirshow21BT2011180221FIL20BT140124720MRO_BT161219260220