Israel
Israel’s economy: A Banana Republic run by monopolies
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
Saudi budget airline flyadeal is putting the finishing touches to a deal to order 10 Airbus A330neo jets in its first full-blown expansion into wide-body planes, as the kingdom pursues a surge of spending on aviation, industry sources said on Tuesday.
Airbus A330neo airliner plane © Mena Today
Saudi budget airline flyadeal is putting the finishing touches to a deal to order 10 Airbus A330neo jets in its first full-blown expansion into wide-body planes, as the kingdom pursues a surge of spending on aviation, industry sources said on Tuesday.
The low-cost subsidiary of state carrier Saudia is likely to unveil the order for the upgraded A330-900 variant in the coming weeks after comparing it with Boeing's smaller 787-9, and the first jets are expected to arrive in 2027, the sources said.
Reporting by Tim Hepher
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
Israeli Defence Minister Israel Katz said on Tuesday that the military would never fully withdraw from the Gaza Strip for security reasons and that a civilian-military army unit would be established in the Palestinian enclave.
Prince Faisal bin Farhan, Foreign Minister of Saudi Arabia, met on Monday with Sayyid Badr bin Hamad Al-Busaidi, FM of Oman, to review bilateral relations and discuss regional and international developments.
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