Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Saudi Arabia increase arms imports by 225%in 5 years

byCT Report
12/03/2018
in Latest News
Share on FacebookShare on Twitter

RIYADH: Saudi Arabia is on a massive arms-buying spree, according to a new report by the Stockholm International Peace Research Institute (SIPRI). In the last five years, the country increased its arms purchases by 225% compared to the previous five-year period, importing 98% of its weapons from the US and European Union states. In the same period, Israel increased its exports of arms by 55%.The Middle East is sponging up weapons, with imports growing 103% in the last five years, compared to 2008-2012. The region accounts for 32% of global arms imports, even though the region accounts for only around 5% of the world’s population.

The United Arab Emirates have joined Saudi Arabia in buying heavily in the last five years, as have Qatar and Egypt, all of which have increased their imports. The Saudis have taken delivery of 78 combat aircraft, 72 combat helicopters, 328 tanks and 4,000 vehicles, the report notes. Qatar signed major details for 84 combat aircraft from the US, UK and France. It ordered an additional 12 such aircraft from France in 2017.

You might also like

KP petrol scheme pays Rs100 instead of Rs2,200

16/05/2026

Sindh joins Punjab in easing market closure timings ahead of Eidul Azha

16/05/2026

Related Stories

KP petrol scheme pays Rs100 instead of Rs2,200

byCT Report
16/05/2026

PESHAWAR: The Khyber Pakhtunkhwa (KP) government launched the Ehsaas Motorcycle Relief programme, allocating Rs3 billion to support an estimated 1.6...

Sindh joins Punjab in easing market closure timings ahead of Eidul Azha

byCT Report
16/05/2026

KARACHI: The Sindh government on Saturday exempted shops, markets, shopping malls, hotels, restaurants, marriage halls and marquees from previously imposed...

LHC rules super tax cannot apply to zero-tax inherited property gains

byCT Report
16/05/2026

LAHORE: The Lahore High Court’s two-member bench comprising Justice Jawad Hassan and Justice Sardar Akbar Ali has ruled that the...

ADB, AIIB support 1st Panda Bond issuance for green projects in Pakistan

byCT Report
16/05/2026

ISLAMABAD: The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have collaborated to support Pakistan’s first issuance...

Next Post

Customs superintendent Muhammad Naeem retires

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.