27 Feb '15, 1am

#UAE Announces Record #Military Acquisitions Amid Rising #Security Concerns

The UAE spent 18.33 billion dirhams ($5 billion) on deals signed with local and international arms dealers at the International Defence Exhibition and Conference (IDEX) in the capital Abu Dhabi, Reuters reported. © Photo: Uralvagonzavod Press Service Russia Signs Arms Deal With UAE to Supply AU-220M Automatic Turret Module The amount was the most spent since the IDEX began in the early 1900s, and a 30% increase from the last event, held in 2013. The spending reflects regional political instability, particularly in Iraq and Syria. The UAE is one of the nations taking part in air strikes against Islamic State targets. "It is according to the requirements of the armed forces, which is increasing," Obeid al-Ketbi, chairman of the organizing committee for the IDEX event in Abu Dhabi, told reporters, adding the quality of the requirements was also different to previous shows. Am...

Full article: http://sputniknews.com/news/20150227/1018821820.html

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