To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

Gulf defence spending rises

20th November 2013 - 13:47 GMT | by Joyce de Thouars in London

RSS

Defence spending in the Gulf is rising steadily with companies increasingly focussing on the region as budgets shrink in domestic markets. 

SIPRI has estimated that defence expenditure in the Gulf region has increased by almost 14% in the face of the growing, perceived threat from Iran and rising levels of disposable income. 

Although actual figures are not available, a CSIS report stated that between 2008 and 2011, the Gulf countries announced more than $75.6 billion in arms transfer agreements. Saudi Arabia and the UAE, traditionally the biggest spenders in the region, accounted for respectively 69% and 23% of the expenditure. 

Already have an account? Log in

Want to keep reading this article?

Joyce de Thouars

Author

Joyce de Thouars


Joyce holds a MA degree in Middle Eastern Studies from King’s College London. Before she …

Read full bio

Share to

Linkedin