Saudi Arabia boosts defence spending by a quarter
Military expenditure rose above $17bn in first three months of year as Iran launched strikes around Gulf
Military expenditure rose above $17bn in first three months of year as Iran launched strikes around Gulf

Riyadh wanted to show it was defending itself but told Tehran it was not joining broader US-Israeli assault

Washington’s allies in region burn through defensive munitions as they fend off Iranian barrages

Nearly five weeks after US and Israel attacked Iran, Washington’s Gulf ally frets about the damage

Abu Dhabi is hardening its stance as it suffers from Iran’s retaliation to US-Israeli war

Saudi Arabian détente with its regional rival has unravelled as US-Israeli war triggers furious Iranian retaliation

Region’s sovereign wealth funds review their portfolios as Middle East war heightens economic strain