Latest News
- Kuwait-Jordan Durra Field Joint Statement Rejected By Iran
- GTD Cracks Down On Vehicle Noise Pollution In Sulaibiya
- Mystery Of Dead Fish At Shuwaikh Beach Sparks Urgent Action
- MEW To Complete Links With The Interior And Justice Ministries B...
- 8 Expats Jailed For Bribing An Officer To Obtain Driver's Licens...
- Weekend Weather Is Expected To Be Hot
- From Tomorrow, Traffic Diversion On Third Ring Road
- Ministry Of Health Refute Rumors On Non-availability Of Antibiot...
- Amir Of Kuwait And Jordan King Renew Commitment To Regional Secu...
- 37 Arrested With Narcotics And Firearms
- Outrage Over Candidate's Arrest
- Six Stores Shut Down In Jahra For Selling Fake Goods
Kuwait Govt Asked Parliament To Approve Budget Of 6.2 Billion Dinars To Fund Weapons Purchases For The Military
The Kuwaiti government asked parliament to approve a supplementary budget of 6.2 billion dinars ($20.4 billion) to fund weapons purchases for the military over 10 years, al-Rai newspaper reported on Tuesday. Sheikh Mohammad Abdullah al-Sabah, minister of state for cabinet affairs, confirmed on the sidelines of a conference that the government sent a request for a special budget, but declined to specify the amount requested.
Al-Rai said the government asked that the money be drawn from the country's general reserves. Kuwait and its Gulf Arab neighbours together make up one of the world's largest arms markets, buying billions of dollars of military equipment from the United States and Europe.
In September it signed a memorandum of understanding to buy 28 Eurofighter jets, a deal worth up to 8 billion euros ($9 billion). It is also negotiating with the US government to buy 28 Boeing F/A-18E/F fighter jets this year, though the $3 billion deal has been held up by delays in the US regulatory process.
Â
SOURCE : ARABIANBUSINESS.COM
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Gathering For Eid Al-Fitr Prayers: Kuwaiti Citizen...
10 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
Comments Post Comment