Defence Notes

IDEX 2021: Middle Eastern spending shows signs of resilience

21st February 2021 - 10:00 GMT | by Samuel Beal in Oxford

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Although oil markets continue to take a hammering and government debt balloons from the COVID-19 pandemic, Middle Eastern states could yet avoid the delicate choice between guns and butter.

As regional tensions intensified over recent years, Arab governments embarked on an arms-buying binge. According to the latest available annual figures from the Stockholm International Peace Research Institute (SIPRI), global defence spending reached a dizzying $1.9 trillion in 2019 — the highest since the end of the Cold War ...

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