Dubai Aerospace Enterprise (DAE), a holding company comprising the government of Dubai and six partners, is planning to invest $15 billion in the aerospace industry over the next 10 years.

The company says it intends to become an integral part of the global aerospace industry.

As well as airports, engineering and manufacturing, there are plans to expand the business and vip aircraft industry, which it deems to be a rapidly growing market, as highlighted at the recent Dubai Airshow.