How UAE defence giant EDGE Group plans to double its exports
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
easyJet is to launch a further 21 new routes in 2010, taking the total number of routes to be launched across its European network in the coming year to 70.
The addition of these new services means the airline will now offer choice of over 500 routes connecting its 19 bases across the UK and the continent to key airports across Europe and North Africa.
The new routes, with their start dates and frequencies in parentheses, are:
Liverpool to Bodrum (11 June – Mon & Fri); Bristol to Dalaman (16 July – Mon, Fri & Sun), Bodrum (17 July – Tue, Thu & Sat), and Heraklion (17 July – Wed & Sat); London Stansted to Bodrum (15 May – Tue, Thu & Sat), Dalaman (14 May – Mon, Wed, Fri & Sun), Dubrovnik (15 May – Tue, Thu & Sat) and Split (14 May – Mon, Wed, Fri & Sun); Amsterdam to Prague (14 May – daily); Geneva to Faro (3 April – Thu & Sat), Heraklion (19 June – Tue & Sat), Brindisi (3 April – Thu & Sat); Paris CDG to Palma (10 July – Mon, Tue, Thu, Sat & Sun), Split (10 July – Tue, Thu & Sat), Prague (28 March – daily), Malaga (14 May – daily), Toulouse (28 March – twice daily); Rome Fiumicino to Malta (12 March – daily), Nice (12 March – Mon, Tue, Wed, Thu, Fri & Sun); Milan Malpensa to Mahon (date to be confirmed – Tue, Thu & Sat); and Paris Orly to Venice (28 March – twice daily).
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.