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Yemen sets 2012 budget with $2.6B deficit

Yemen sets 2012 budget with $2.6B deficit

Yemen's cabinet on Tuesday approved a draft budget for 2012 projecting a deficit of 561 billion rials ($2.6 billion), on revenue of 2.1 trillion rials and expenditure of 2.7 trillion rials.

March 7, 2012 1:48
 
Report of Sweden plan for Saudi weapons plant causes storm

Report of Sweden plan for Saudi weapons plant causes storm

A Swedish defence agency has been secretly helping Saudi Arabia build an advanced weapons plant, public radio reported on Tuesday, triggering a political storm in the Nordic state.

March 7, 2012 1:46
 

Bahrain’s $53M arms deal with US hinges on human rights talks

The United States commended Bahrain on Friday for moving quickly to implement steps toward political reconciliation and said it was sending its chief human rights official to the island nation for further talks.

December 10, 2011 4:12
 
Armed to the teeth, Part II

Armed to the teeth, Part II

GCC states are stockpiling high-tech weapons. They say it’s for protection. This two part series looks at the potential conflicts in the region, and how regional governments are preparing for them.

October 21, 2008 11:06