United Arab Emirates: Section 1 - Data

摘要

1Economy experiencing a rough patch after years of high growth fueled by energy exports. Global financial crisis results in shocks to key commercial center of Dubai and exposed debt obligations. As a result, the UAE economy is expected to contract slightly in 2009 before recovering in 2010rn2Despite ruptures to the economy, the UAE continues to invest heavily in defense acquisitions. Requests for U.S. equipment via FMS channels exceeded $9 billion in 2008, while contracts worth roughly $5 billion were signed by the government at the IDEX defense exhibition in February 2009rn3.UAE seals U.S. congressional approval of THAAD (Terminal High Altitude Air-Defense) systems worth nearly $7 billion. In addition, Abu Dhabi purchases four Boeing C-17 long-range airlifters and 12 C-130J tactical air transports at a cost of nearly $3 billion.