Middle East to spend $34bn on homeland security
The ISNR conference will be held from 15-17 March 2016 in Abu Dhabi
At the Middle East's International Exhibition for National Security and Resilience (ISNR) in Abu Dhabi, industry experts predicted the regions homeland security market is set to double to $34bn by 2020.
According to a report by Frost and Sullivan, over the next five years, the market is predicted to grow from $17bn to $34bn, at three times the global growth average. The largest share of $15bn will go to securing government, energy and critical national infrastructure.
Additionally, the Kingdom of Saudi Arabia is spending $57bn on military in 2016, which equates to the highest share of its budget at 25%, the report revealed.
The INSR exhibition will cover how to protect citizens against threats, enhance emergency readiness and ensure stability. The Arab World will be well-represented as it is set to host over 20 country delegations and 200 representatives from government buyers, including armed forces, customs agencies, ministries of defence and IT, national oil companies, and police departments from Bahrain, Egypt, Jordan, Kingdom of Saudi Arabia, Kuwait, Oman, and the UAE.
As well as security, the exhibition will showcase the first Emergency Response and Disaster Prevention (EmDi) which will include the UAE 911 World Firefighter Challenge to test firefighting and rescue skills, and the return of the Fire Fighting Middle East (FFME) exhibition. Also returning is the Occupational Health and Safety Middle East (OSHME) which will focus on building safer workplaces.
ISNR 2016 will be held from 15-17 March 2016 at the Abu Dhabi National Exhibition Centre (ADNEC). Organized by the UAE Ministry of Interior and Reed Exhibitions, the event is held under the patronage of HH Sheikh Hazza Bin Zayed Al Nahyan, National Security Advisor, and Vice Chairman of the Abu Dhabi Executive Council.