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Wednesday, January 17, 2024

UAE: Defense budget and priorities for 2024note

Emirati President Sheikh Mohammad Bin Zayed (MBZ) emphasizes prioritizing the transfer of advanced defense technologies.

The Emirati 2024 defense budget focuses on procuring advanced defense systems for all the UAE Armed Forces service branches, along with localizing the systems’ technologies.

The following note provides a comprehensive overview of the following aspects:

- The various defense systems eyed for procurement in 2024

- The advanced technologies eyed for localization in 2024

- The countries the UAE is looking to cooperate with

- The influence of the Ukraine and Gaza wars on the 2024 defense budget

The note also highlights several agreements expected in 2024.

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