China now a top-five arms exporter



BEIJING // China has become the world's fifth-largest arms exporter, a Sweden-based think tank said yesterday, its highest ranking since the Cold War, with Pakistan the main recipient.

China's volume of weapons exports between 2008 and 2012 rose 162 per cent compared with the previous five-year period, with its share of the global arms trade rising from 2 per cent to 5 per cent, the Stockholm International Peace Research Institute (Sipri) said.

China replaces Britain in the top five arms-dealing countries between 2008 and 2012, a group dominated by the United States and Russia, which accounted for 30 per cent and 26 per cent of weapons exports, Sipri said.

"China is establishing itself as a significant arms supplier to a growing number of important recipient states," Paul Holtom, the director of the Sipri Arms Transfers Programme, said.

The shift, outlined in Sipri's Trends in International Arms Transfers report, marks China's first time as a top-five arms exporter since the think tank's 1986-1990 data period.

The Chinese foreign ministry spokesman, Hong Lei, said China was a responsible arms exporter that strictly adhered to international law.

Germany and France ranked third and fourth on the arms exporter list. China followed only India in the acquisition of arms.

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Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

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Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

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● Funding size: Bootstrapped

● No of employees: Nine

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Europe’s rearming plan
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  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
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Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.

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Name: Kumulus Water
 
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Founders: Iheb Triki and Mohamed Ali Abid
 
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Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
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More than 2.2 million Indian tourists arrived in UAE in 2023
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Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Director:Jason Orley

Stars:Jenny Slate, Charlie Day

Rating:4/5

Brief scores

Day 1

Toss England, chose to bat

England, 1st innings 357-5 (87 overs): Root 184 not out, Moeen 61 not out, Stokes 56; Philander 3-46

UAE SQUAD

Goalkeepers: Ali Khaseif, Fahad Al Dhanhani, Mohammed Al Shamsi, Adel Al Hosani

Defenders: Bandar Al Ahbabi, Shaheen Abdulrahman, Walid Abbas, Mahmoud Khamis, Mohammed Barghash, Khalifa Al Hammadi, Hassan Al Mahrami, Yousef Jaber, Salem Rashid, Mohammed Al Attas, Alhassan Saleh

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THE LOWDOWN

Photograph

Rating: 4/5

Produced by: Poetic License Motion Pictures; RSVP Movies

Director: Ritesh Batra

Cast: Nawazuddin Siddiqui, Sanya Malhotra, Farrukh Jaffar, Deepak Chauhan, Vijay Raaz