Algeria’s drive to modernize its military has fueled Middle East defense spending trends.
Credit: NurPhoto SRL/Alamy Stock Photo
Middle East spending is on the upswing again. Defense expenditures in the region, excluding Iran, increased 21.8% in real terms to $195.4 billion in 2024 from $160.4 billion in 2021, marking its fastest period of growth for a decade. Despite upheaval throughout the Middle East—the Israel-Hamas war...
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