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Regional spending to approach $180 billion by 2020 as defence budgets of UAE, Saudi Arabia and Qatar spike
LONDON--(BUSINESS WIRE)--Despite fiscal concerns and a lower oil price, defence budgets in the Middle East are forecast to reach the spending highs of 2014 by 2019 at the latest, according to new analysis released today by IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.
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Amanda Russo, +44 208-276-4727
Amanda.Russo@ihsmarkit.com
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