Tuesday April 16th, 2024
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Egypt Ranked as the Biggest Arms Importer in the Developing World in 2015

According to a U.S. congressional report, Egypt bought $5.3 billion worth of arms in 2015, which puts it in first place among developing nations in terms of weapons imports.

Staff Writer

Egypt Ranked as the Biggest Arms Importer in the Developing World in 2015

According to a new U.S. congressional report titled ‘Conventional Arms Transfers to Developing Nations, 2008-2015’, Egypt ranks first among developing nations in terms of arms importations during 2015, bringing in weaponry that amounted to $5.3 billion, reports Daily News Egypt.

Egypt is followed by Iraq and Saudi Arabia on the same list, which imported weapons for $5 billion and $4.5, respectively.

Egypt also ranked second on the list for developing nations that acquired most arms deals in 2015, outranked only by Qatar. Qatar signed $17.5 billion worth of arms deals in 2015, whereas Egypt signed agreements that amounted to $11.9 billion.

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