Between 2013-2025, GCC countries will spend 1 trillion on defense</h1> <article> <h1>Between 2013-2025, GCC countries will spend 1 trillion on defense</h1> <p>2016-05-26T00:00:00+00:00</p> <p>Between 2013 and 2025, GCC countries will have spent roughly 1 trillion on defence and about 30% of this is dedicated to capital expenditures. If a 35% offset requirement is enforced this means that 105 billion could either be invested or sourced domestically creating more than 280,000 jobs.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> </article> <article> <h1>Assessment of the Saudi offset program</h1> <p>2016-01-20T10:30:45+00:00</p> <p>Sami Alhumaidi, Managing Director of PSATRI taks about the offset program in Saudi Arabia.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> </article> <article> <h1>Main challenges for research, development and innovation in Saudi Arabia</h1> <p>2016-01-20T10:30:45+00:00</p> <p>Sami Alhumaidi, Managing Director of PSATRI taks about innovation in Saudi Arabia.</p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> </article> <article> <h1>Increased military spending to boost manufacturing and knowledge sectors creating advanced jobs and further diversifying Saudi economy</h1> <p>2015-08-11T14:47:00+00:00</p> <p></p> <p>The top three largest defense spenders in the world are the US, Russia, and China. According to 2014 figures compiled by the Stockholm International Peace Research Institute, Saudi Arabia comes in as a close fourth, having spent an estimated <a href="http://money.cnn.com/2015/04/13/news/economy/military-spending-saudi-arabia/">$80.8 billion dollars up by 17% from 2013.</a></p> <p class="feed-readmore"><a target="_blank" href ="">Read More...</a></p> </article> </main></body></html>