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[POLITICS] · Saudi Arabia, Türkiye, India, Syria, Qatar · 7 sources

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Saudi Arabia increases military spending localization to 27.3%

During a Cabinet session chaired by Crown Prince Mohammed bin Salman in Riyadh, the Saudi government announced that military spending localization reached 27.3% by the end of 2025. This figure exceeds the annual target of 24%, while local content within the defense sector has risen to 40.9%. These developments align with the Kingdom's Vision 2030 goal to localize more than 50% of defense industries.

The Cabinet also approved a new commercial transactions system and agreements with Turkey, India, and Syria. On regional security, the Council discussed communications between the Mecca Defense Pact nations and Iranian officials, expressing support for mediation efforts by Qatar and Pakistan to reduce regional escalation.

Additionally, the Cabinet condemned Houthi militia attacks on Mecca, Medina, and other Saudi cities, praising the effectiveness of the Kingdom's air defense systems in intercepting these threats.

Entities

Emmanuel Macron · General Authority for Military Industries · Houthi militia · Kyriakos Mitsotakis · Ministry of Finance · Mohammed bin Salman · Saudi Arabia · Saudi Cabinet · Vision 2030

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