The United Arab Emirates is set to double its spending on homeland security from $5.5 billion to more than $10 billion in the next 10 years, according to a US study. Analysts say a majority of that funding will go toward cybersecurity.
Spending is estimated to reach $57.7 million by 2015, with a view to increase investment on homeland security, economic development and rapid population growth, to curtail regional unrest and the increased complexity of potential threats. The numbers come from the 2013-2014 annual report by the US Commerce Department’s International Trade Administration and reported by state news agency WAM.
“The UAE investments in security constantly reflect our quest to overcome the challenges and achieve security and safety for our community and our visitors,” said Maj. Gen. Al Ketbi, deputy commander-in-chief of Abu Dhabi Police, according to the news agency.