It seems that the Government decided to spend lucrative sums of money on global projects (purchase of useless warplanes, alternative energies etc) --- taking example from Obama government. As usual, this will bring huge waste of money and more corruption. Let big international companies invest in our startups! They know better what is worth and what is not.
Saudi king to meet with Obama on Friday amid Gulf concerns over Iran deal (Reuters)
from the article: Israel bids to end global oil dependency by 2020