BAE Systems shares fall over Germany’s ban on arms exports to Saudis

Defence company BAE Systems’ share price fell sharply on Thursday after it warned that a German ban on arms exports to Saudi Arabia, imposed after the killing of journalist Jamal Khashoggi, could scupper a multibillion-pound deal to sell Typhoon fighter jets. Alongside its annual results on Thursday, BAE Systems stressed that its business is “reliant on the approval …

Advertisements

One-third of UK arms sales go to states on human rights watchlist

Nearly a third of arms exports authorised by Britain over the past decade were to nations identified by the government as among the worst for human rights, new figures reveal. Military arms deals worth an estimated £39bn were approved between 2008 and 2017, £12bn of which went to states included on the Foreign and Commonwealth …

Saudi Arabia’s Blood Pact With Sudanese Genocidal Strongman

Put simply, recent U.S. intelligence assessments confirm what al-Amin has reported: that the UAE/Saudi war in Yemen is beginning to unravel. Not only are the Emiratis and Saudis mired in a seemingly endless conflict, their 8,000-plus Sudanese mercenaries are beginning to turn on their Emirati and Saudi officers. This is the result of Saudi penny-pinching …

EU arms sale to Saudi and UAE since 2015: 55 times more than aid to Yemen

https://www.middleeasteye.net/news/perverse-cycle-european-arms-sales-saudi-and-uae-worth-sixty-times-aid-yemen-356882718 Yet while the Saudi-led coalition has bombed the region’s poorest country over the past three years, the EU and European countries approved the sale of more than $86.7bn in arms to Saudi Arabia and the United Arab Emirates, according to figures compiled by Middle East Eye. The value of the licences which the countries issued …

Spain: new Saudi corvette set for delivery in 2021

https://www.janes.com/article/84504/first-new-saudi-corvette-set-for-delivery-in-2021 There were fears in September of a possible cancellation of the EUR1.8 billion (USD2.1 billion) order because of a ban on Spain selling laser-guided bombs to the Saudis, which was overturned within a week. However, Fernández Guerrero assured members of parliament (MPs) on 7 November that work would start on the ships in January …