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BMI: UAE Defence and Security Report (May-11)

2011-06-06 15:12:00 (читать в оригинале)

Regardless of the looming clouds on the horizon stemming from the political crisis in the Middle East andNorth Africa (MENA), the outlook for the United Arab Emirates (UAE) has gradually brightened sincethe start of 2011. As one of only a handful of countries that have not seen large-scale publicdemonstrations as a result of the regional upheaval, perceptions surrounding underlying economic andpolitical stability in the UAE have been given a considerable boost in recent months. In addition to itshigher living standards compared to other countries across the region, a demographic profile heavilyskewed towards expatriate labour underpins our view that the risks of public demonstrations or protestactivity similar to that seen elsewhere in MENA is unlikely in the near term.With respect to instability in the MENA region, it is significant that in March 2011, the UAE deployed 12fighter jets to Decimomannu, Italy. While not a member of NATO, the UAE sent the planes to enforce anUN Security Council Sanctioned no-fly zone on Libya. According to a report by AFP, in late April one ofthe F-16s crashed upon landing in Italy, with the pilot ejecting safely.In external troop movements, April 2011 saw the South Korean Joint Chiefs of Staff (JCS) chairmanGeneral Han Min-koo visit 130 South Korean troops stationed in the UAE. The Korea Herald reports thatit was the first official visit of a JCS chief to the UAE. The unit, deployed in January 2011, is helping totrain local special warfare troops and follows a request made by the UAE in August 2010.On the procurement front we note that according to the Military Balance, in late 2010, the countryrequested 30 Block III Apaches and 30 AH-64D Block II lot 10 Apaches, remanufactured to Block IIIconfiguration, from the United States. The publication also notes that four of the six C-17 aircraft theUAE recently procured from Boeing are due for delivery in 2011.Our analysis of the country?s macroeconomic

BMI: UAE Commercial Banking Report (May-11)

2011-06-06 14:49:00 (читать в оригинале)

Click here to read abstract.

Airlines Resort To Various Tricks To Lure Gulf Passengers

2011-06-06 14:48:03 (читать в оригинале)

Domestic and international airline companies have started resorting to various tactics to attract customers as the vacation season is round the corner.

Emirates Targets Saudi Arabia As Prime Sector Market

2011-06-06 14:21:45 (читать в оригинале)

Saudi Arabia represents 12% of Emirates Holidays' total revenue and about half of that derives from the premium customized holiday sector.

Youth Employment Waiting For Take-off

2011-06-06 14:16:06 (читать в оригинале)

Youths in Egypt, Tunisia and Morocco will have to wait a little bit longer before they can benefit from employment generation programs announced by the Islamic Development Bank (IDB).


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