In focus -- Defense spending spree
The economic crisis may have squeezed national budgets, but the Gulf still has the benefit of energy surpluses and the need for security in the region.
With defense spending expected to surpass $100 billion by 2014, MME takes a look at the business that knows no recession.
Facetime -- Thomas Culligan, CEO, Raytheon International
The world's biggest defense manufacturers are increasingly seeing the Gulf as a vital destination for their products. One of them is U.S. aerospace and defense giant, Raytheon.
The missile maker plans to deliver $4 billion worth of arms to Saudi Arabia as part of a wider U.S. weapons package. The firm is also seeking growth in the UAE, Qatar and Kuwait.
This week MME sat down with the CEO of Raytheon International, Thomas Culligan, and asked him about the strategic importance of the region.
Watch the show this week at the times (GMT) below:
Friday: 0945, 1745
Sunday: 0600, 1745