US President Barack Obama waves on his arrival in Israel at Ben Gurion Airport today.
US President Barack Obama waves on his arrival in Israel at Ben Gurion Airport today.
US President Barack Obama waves on his arrival in Israel at Ben Gurion Airport today.
US President Barack Obama waves on his arrival in Israel at Ben Gurion Airport today.

Obama lands in Israel for first trip as US president


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  • Arabic

TEL AVIV, ISRAEL // President Barack Obama landed in Israel today, opening his first trip to the country since taking office.

Air Force One touched down in Tel Aviv after an overnight flight from Washington. After an arrival ceremony at the airport, Mr Obama will head to Jerusalem for meetings with Israeli leaders.

Upon landing, Mr Obama joked to Prime Minister Binyamin Netanyahu that he was "getting away from Congress."

Israeli President Shimon Peres welcomed Obama, declaring that "A world without America's leadership, without her moral voice, would be a darker world. A world without your friendship, would invite aggression against Israel."

Mr Obama called the US Israel's "strongest ally and your greatest friend."

In a veiled reference to tensions and regime changes in the region, he added: "The winds of change bring both promise and peril."

The president will also make stops in the West Bank and Jordan while in the Middle East. Mr Obama's agenda will focus on the prospects for peace between the Israelis and Palestinians, Iran's disputed nuclear programme, and the ongoing violence in Syria.

However, White House officials have downplayed the prospects for major breakthroughs on any of those issues.

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Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

Elvis
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Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.