IFP- A study released by the United States Congress shows Saudi Arabia is the worlds top arms importer in 2016, paying $13bn on arms. India and Pakistan are ranked second and third with $11.1bn and $7.2bn. According to a Farsi report by Asr-e Iran, other top arms importers include Algeria ($5.5bn), Egypt ($5bn), South Korea ($4.5bn), China ($4.1bn),...

The possible sale a US missile system to Saudi Arabia will escalate tensions in the Middle East and benefit the American military-industrial complex, says a journalist and political commentator in Canada. The US State Departments approval to sell 600 Patriot Advanced Capability-3 (PAC-3) missiles to Riyadh will force other countries to buy weapons ...

Saudi Arabia passed India to become the worlds biggest arms importer in 2014, IHS, a leading analyst of the global arms trade said in its annual Global Defense Trade Report. Saudi spending rose 54 percent to $6.5 billion last year, while India imported $5.8 billion, according to data released Sunday by IHS. Imports will increase 52 percent to $9.8 ...