Key Market Indicators
The Emirati defence expenditure is projected to surge to approximately $37.4 billion by 2028, marking a significant increase from the $32.5 billion earmarked for 2023. This anticipated growth represents an average annual rise of 2.3%. Since 2002, the defence spending demand in the UAE has been on a steady climb, averaging a yearly increase of 3.4%. This upward trend underscores the nation's ongoing commitment to enhancing its military capabilities and strategic defence initiatives.
