An Israeli tank moves along the border with Gaza on March 10, 2024. AP
An Israeli tank moves along the border with Gaza on March 10, 2024. AP
An Israeli tank moves along the border with Gaza on March 10, 2024. AP
An Israeli tank moves along the border with Gaza on March 10, 2024. AP

Who are Israel's biggest arms suppliers and who has halted exports?


Ismaeel Naar
  • English
  • Arabic

Live updates: Follow the latest on Israel-Gaza

Canada will halt all arms shipments to Israel, according to its Foreign Minister, a decision that has drawn the ire of Israel as it faces growing scrutiny over its war in the Gaza Strip.

The besieged Palestinian enclave is facing a mounting humanitarian crisis, and months of war have pushed hundreds of thousands of Gazans to the brink of famine.

Key US ally Canada, which provides Israel with about $4 billion a year in military aid, had already restricted its weapons shipments to non-lethal equipment such as radios after the October 7 Hamas attack.

However, Israel could still receive at least $14 billion more in US military aid this year, depending on legislation that is held up by political deadlock.

Canada's Foreign Minister Melanie Joly told the Toronto Star newspaper on Tuesday that Ottawa planned to stop arms exports to Israel.

Israel criticised the decision, with Foreign Minister Israel Katz saying it “undermines Israel's right to self-defence against Hamas terrorists”.

“History will judge Canada's current action harshly,” he said in a post on social media platform X.

Who arms Israel?

The US remains Israel’s biggest arms supplier, accounting for 68 per cent of its weapons imports between 2013 and 2022, according to the arms transfer database of the Stockholm International Peace Research Institute (Sipri).

The US military also has stockpiles of weapons for its own use on the ground in Israel.

However, the Americans have allowed Israel to make use of some of these supplies during the war in Gaza, and previously sent some of the weapons to Ukraine.

The US also gives Israel about $4 billion in military aid annually, including about $500 million for air and missile defences.

A F-15 jet takes off at an airbase in the Negev desert, near the southern Israeli city of Eilat, in October 2021. EPA
A F-15 jet takes off at an airbase in the Negev desert, near the southern Israeli city of Eilat, in October 2021. EPA

Germany is in second place, accounting for 23.9 per cent of Israel's conventional arms procurement from 2011 to 2020, according to Sipri.

According to the German Economic Affairs and Climate Protection Ministry's 2023 Federal Government Arms Export Policy, the country's arms and military equipment sales to Israel reached $354 million in 2023, a 10-fold increase from the previous year.

The UK has traditionally been one of Israel’s top three military supporters. Britain supplies about 15 per cent of the components used in the F-35s employed in Israel's bombardment of Gaza, according to the Campaign Against Arms Trade, a civil society organisation.

Italy also remains one of Israel’s top arms suppliers, despite assurances last year that the government was blocking such sales following Israel's invasion of the Gaza Strip.

Italy exported $2.3 million worth of arms and munitions to Israel in the last three months of 2023. In December alone, it exported arms worth $1.41 million, three times more than in the same month in 2022.

Who has halted arms sales to Israel?

Last week, Canada said it had paused non-lethal military exports to Israel since January.

Canadian Prime Minister Justin Trudeau, while asserting Israel's right to defend itself, has taken an increasingly critical stance of the military campaign in Gaza after the October 7 attacks by Hamas.

In Japan, the Itochu Corporation company announced on February 5 that it would end its partnership with Israeli weapons manufacturer Elbit Systems by the end of February.

Itochu plans to end the collaboration after the International Court of Justice ordered Israel in January to prevent acts of genocide against Palestinians and do more to help civilians, Itochu's chief financial officer Tsuyoshi Hachimura said.

Israeli soldiers drive a tank along the border with Gaza on Tuesday. AP
Israeli soldiers drive a tank along the border with Gaza on Tuesday. AP

Spain suspended all arms export licences to Israel, Foreign Minister Jose Manuel Albares said in an interview earlier in February.

The local government of Belgium’s Walloon region announced last month it had suspended licences for the export of munitions, specifically gunpowder, to Israel after the ICJ ruling.

“The January 26 order of the ICJ, the main judicial organ of the United Nations, as well as the unacceptable deterioration of the humanitarian situation in the Gaza Strip led the Minister-President to temporarily suspend the valid licences,” Belgian Minister of Housing Christophe Collignon said.

In the Netherlands, a court gave the government one week to block all exports of parts for the F-35 fighter jet, which Israel is using to bomb the Gaza Strip.

The Appeals Court in The Hague sided with a group of human rights organisations that argued the parts contributed to breaches of the law by Israel in its war in Gaza.

The US-owned F-35 parts are stored at a warehouse in the Netherlands and then shipped to several partners, including Israel, via existing export agreements.

2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%206.4-litre%20V8%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20auto%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E470bhp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E637Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh375%2C900%20(estimate)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20now%3C%2Fp%3E%0A
WORLD RECORD FEES FOR GOALKEEPERS

1) Kepa Arrizabalaga, Athletic Bilbao to Chelsea (£72m)

2) Alisson, Roma to Liverpool (£67m)

3) Ederson, Benfica to Manchester City (£35m)

4) Gianluigi Buffon, Parma to Juventus (£33m)

5) Angelo Peruzzi, Inter Milan to Lazio (£15.7m

FIXTURES

Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204-cyl%20turbo%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C600rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C500-4%2C000rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.9L%2F100km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh119%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
Tips to avoid getting scammed

1) Beware of cheques presented late on Thursday

2) Visit an RTA centre to change registration only after receiving payment

3) Be aware of people asking to test drive the car alone

4) Try not to close the sale at night

5) Don't be rushed into a sale 

6) Call 901 if you see any suspicious behaviour

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Scoreline

Liverpool 3
Mane (7'), Salah (69'), Firmino (90')

Bournemouth 0

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

Updated: March 20, 2024, 9:38 AM