Saudi Arabia becomes top arms importer: study
London (AFP) March 8, 2015 - Saudi Arabia overtook India in 2014 as the world's biggest importer of defence equipment, fuelled by tensions in the Middle East, according to a study published Sunday by respected analysts IHS Jane's. Global defence trade currently stands at $64.4 billion, said the report from the London-based defence specialists. The figure has been driven by "unparallelled demand from the emerging eco ... more
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