Thursday 10 February 2011 | Vol.03 - No.06



Special Focus: U.A.E
Interview with Mr. Matar Ali Al Romaithi, Director of Offset Unit at Offset Program Bureau (OPB) of UAE "The response from defence contractors to the new guidelines has been very positive. Over 70 per cent of defence contractors with offset obligations have transmitted their commitments to the new policy, among them Boeing, Raytheon, EADS, Fincantieri, Nexter, MBDA, Lockheed Martin and Rheinmetall. In terms of refinining the policy, the offset guidelines are not a policy but a dynamic tool which evolves", said Mr. Matar Ali Al Romaithi, Director of Offset Unit at Offset Program Bureau (OPB) of UAE
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Tawazun Precision Industries (TPI)
TPI is a precision manufacturing facility delivering components to the oil and gas, aerospace and defence industries. Its production capabilities and service offers include design, machining, surface treatment, plastic injection molding, metals testing and servicing. Tawazun Precision Industries (formerly Emirates Precision Industries) (www.tpiuae.ae) is a fully owned subsidiary of Tawazun, the investment arm of the Offset Program Bureau.
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Burkan Munitions Systems L.L.C.
Burkan Munitions Systems is a joint project of Tawazun Holding LLC, Al Jaber Trading Establishment and Rheinmetall Munitions Systems, to build the United Arab Emirate's first munitions factory to serve the needs of the Armed Forces in the UAE and the region. The company was founded in 2008 with a total investment in the joint venture of Dhs268m (approximately $70m).
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Caracal, pioneering innovation
Caracal (www.caracal.ae)was conceived from a 'Small Arms Project' -a bold initiative founded in Abu Dhabi, United Arab Emirates (UAE) in late 2002. Driven by strong beliefs in its concepts and benefits, the 'Caracal Project' was developed and led by a team of experts working in conjunction with the UAE Armed Forces.
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Epicos- Amazon

Globalization and the United Arab Emirates: The task of Economic Diversification, by Markus van Tilburg

During the last decade, the United Arab Emirates (UAE) established high profile cities and built modern architectural marvels into the desert sand and the Persian Gulf. Markus van Tilburg analyses the factors behind those profound changes that could characterized as a miracle of socioeconomic development. He is focusing on the Emirates of Dubai and Abu Dhabi. Two states with varied geographic pre-conditions, history and efforts to pursue diverse economic strategies in order to escape from resource abundance. The author is trying to answer some questions about this economic boom, such as what were the driving forces and which were the decisive catalysts behind the UAE/s steep economic growth? Did geographical factors contribute to this role? Were lessons from previous oil booms successfully applied and did they contribute to actual and future developments?


The World Economy: Global Trade Policy 2008 (World Economy Special Issues), by David Greenaway (Editor)

The World Economy: Global Trade Policy 2008 is the fifteenth in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy. Each annual volume examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level. Each volume also provides assessments of the World Trade Organization’s recent Trade Policy Reviews. The 2008 issue analyses trade policy in areas such as Japan, Indonesia, Israel, and the United Arab Emirates as well as investigating the challenge of aligning the mission, means and legitimacy of international organizations. Contributors including John Walley and Jan Aart Scholte also examine the concept of globalization – both its definition and its values.





Contact the Editor:

Vasileios Kyriazis
e-mail: v-kyriazis@epicos.com

Contact Epicos sales Department:

Michael Karakatsanis
e-mail: m-kay@epicos.com



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EPICOS NEWSROOM




 
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  Six months after its announcement in June 2010, 70 per cent of UAE defense suppliers have transferred their commitments to the UAE’s new offset framework ++ more
 
 
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  Medvedev signs police reform bill into law  
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