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We expect the UAE's defence spending to increase to AED152.8bn in 2017; t. It will take defence spending per capita to AED17,632. Notably, at a time when defence budgets in developed states are under pressure from fiscal constraints, we expect the share of national gross domestic product (GDP) accounted by the UAE's defence sector to continue climbing. It has risen from 5.1% in 2008, to stand at 5.6% in 2012. This is forecast to rise to 6.8% by the end of our 2017 forecast period. ...
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