Iraq

Top 15 countries by military expenditure 2013 in $bn (SIPRI)

MENA Countries Hike Defense Spending For 2013

MEES, 18 April 2014 MENA military spending has more than doubled since 2004, rising 4% to $150bn for 2013, according to a report released this week by the Stockholm International Peace Research Institute (SIPRI). Saudi Arabia was the world’s fourth biggest spender, and the highest in the region in 2013, spending an estimated $67bn on [...]

Gas still a challenge for resurgent Middle East market

The combination of the global economic crisis and political turmoil in the Middle East and North Africa made 2011 a tough year for investment in the region. But the significant increase in oil prices and the return of a degree of stability to several of the affected markets means the outlook for the coming year [...]