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.
President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates
Etihad Airways operates over 1,000 flights weekly © X
President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing, GE Aerospace and Etihad Airways, the White House said.
Founded in July 2003 by an Amiri decree from Sheikh Khalifa bin Zayed Al Nahyan with a start-up capital of AED 500 million, Etihad Airways operates over 1,000 flights weekly to more than 120 passenger and cargo destinations across the Middle East, Africa, Europe, Asia, Australia, and North America.
Its fleet, as of November 2024, consists of 98 Airbus and Boeing aircraft with an average age of 8.5 years, including the luxurious Airbus A380 and the modern A350-1000.
Reporting by Costas Pitas
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
Abu Dhabi has reinforced its status as a regional and global healthcare leader after eight of its medical facilities were recognised in Newsweek’s Best Specialised Hospitals Middle East 2026 rankings.
The organising committee of the World Sports Summit has announced a new group of speakers for the upcoming edition, scheduled for December 29–30 at Madinat Jumeirah in Dubai, under the theme “Uniting the World Through Sport”.
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