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FINANCIAL NEWS
Democrats intervene in a US, Bahrain arms deal
13 Oct 2011
(MENAFN) US, Bahrain USD53 million arms deal was blocked by US senators lobby who appealed postponement to the Obama administration, Arabian Business reported.
Five senators from the Democratic Party made the appeal in protest to the Gulf state’s crackdown on protestors during its political unrest.
The group said in a letter in a letter to the US Secretary of State Hillary Rodham Clinton that closing the deal would weaken US creditability, according to media reports.
The Pentagon last month approved the sale of the weapons, which includes 300 missiles and more than 44 armored Humvees, 50 of which have bunker busting capability.
Governments across the world have come under increasing pressure to stop selling security equipment to the Gulf state amid concerns it would be used to quell political unrest there.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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