Saudi Arabia Defence and Security Industry Update Quarter 2 2012

$ 1 088 - February 2013 - by Business Monitor International - 108

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BMI's report examines the trends witnessed in the country's current and future defence procurement across
its armed forces The report's general conclusion is that Saudi Arabia will continue to invest heavily in
defence procurement, giving it military superiority over most of its neighbours in what will remain a
volatile region However, the country's long-term security outlook is less certain The authoritarian royal
family is ageing Unrest in the country's Shi'a-dominated Eastern Province remains serious And regional
crises could affect Saudi Arabia in unknown ways
These foreign crises are numerous from Riyadh's perspective Sectarian violence and al-Qaeda continue to
plague Yemen to the south War between Israel and Iran - Saudi Arabia's regional foe - could have grave
repercussions for Riyadh if Iran successfully foments rebellion among Shi'a Muslims in Eastern Province
and also in Bahrain Security crises in Iraq and Syria, meanwhile, threaten to upset the regional balance

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