Gulf states’ defence budgets to hit $100bn in 2019: report | News | Al Jazeera
▻https://www.aljazeera.com/news/2018/09/gulf-states-defence-budgets-hit-100bn-2019-report-180906145210937.html
Jane’s predicted defence spending by GCC countries will continue to increase in the next five years and is likely to reach $117bn by 2023.
North America and Europe provide about 95 percent of all defence equipment acquired by the Gulf states, with the United States alone accounting for about half of all the exports in the last five years.
However, GCC countries have also begun to look at other suppliers such as Russia, China, Turkey, and Australia for their defence needs.
▻https://news.ihsmarkit.com/press-release/aerospace-defense-security/gulf-states-defence-spending-hit-record-high-amid-ongoing-r