Global statistics indicate a steady growth in spending on armaments among countries of the world. The Middle East and North Africa region constitutes one of the most attractive markets for this type of trade globally.
Middle Eastern countries together spend about 4.5% of their GDP on purchasing weapons. Hot and ongoing regional conflicts remain the main motive behind the growing purchase of weapons in Arab countries. The tension between Israel and Iran is at the forefront of the arms race in this hot spot in the world, writes H.A. Hellyer.