Friday, April 24, 2015

Mideast arms sales surging to record $18b in 2015, with Saudis in lead


The Middle East is facing a burgeoning arms race which in 2015 is expected to include weapons purchases totaling an unprecedented $18 billion, the Guardian reported Thursday.

According to the report, based on data gathered and published by IHS Jane’s and the Stockholm International Peace Research Institute, Western nations are selling an increasing amount of weaponry to the region’s top military buyers, which include Saudi Arabia, Egypt, Iraq, United Arab Emirates and Algeria.        
        
The arms sold include various aircraft, missiles and armored vehicles.
 
The arms sold include various aircraft, missiles and armored vehicles.(READ MORE)