![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]()
Abu Dhabi (AFP) Feb 22, 2011 The United Arab Emirates announced four billion dirhams ($1.089 billion/805 million euros) in defence deals on Tuesday, continuing to pour on the military spending as popular protests sweep the Middle East. Major General Obaid al-Ketbi announced 14 deals totalling four billion dirhams at a defence exposition in Abu Dhabi. The largest deal announced was one for 2.018 billion dirhams ($550 million) with Emiraje Systems to implement a command, control, communications, computers and intelligence (C4I) system. Other deals included one for 423 million dirhams ($115.2 million) with Nexter Systems to provide technical support for Leclerc tanks, and another for 112.4 million dirhams ($30.6 million) with Dassault Aviation to update Mirage 2000 fighter jets. Manufacturers from around the world are racing to seal contracts with Gulf states, fearful of Iran and with their spending power buoyed by high oil prices. The six Gulf Cooperation Council countries -- Saudi Arabia, Bahrain, UAE, Oman, Qatar, Kuwait -- along with Jordan are set to spend $68 billion (49.6 billion euros) on defence in 2011, according to research firm Frost & Sullivan. Their spending is expected to reach nearly $80 billion in 2015. The deals come as several Arab leaders are battling widespread revolts against their rules that have already Egyptian president Hosni Mubarak and Tunisian president Zine El-Abidine Ben Ali.
Share This Article With Planet Earth
Related Links
![]() ![]() Manila (AFP) Feb 22, 2011 The Philippine government and communist rebels waging one of the world's longest insurgencies are aiming to forge a peace pact within 18 months, the two sides said after holding landmark talks. The parties released a joint statement late on Monday following the end of a week of negotiations in Norway in which they committed to try and sign a "comprehensive agreement" to end hostilities by Ju ... read more |
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |