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Saudi Company to invest $250 million in a project in Palestine
According to the PIC CEO Dr. Hassan Abu Libdeh, the project's estimated cost is $250 million USD and will be in the construction of residential buildings, offices, and a hotel in the central West Bank city of Ramallah. On the othr hand, the Popular Committee Against the Apartheid Wall in Bethlehem issued a press statement saying that due to the Israeli wall and settlements hinder all kinds of investments and prevent development in the West Bank. The wall, closures, checkpoints, settlements, control of the natural resources, …are all tools of Israel's occupation that restrict Palestinian self-sustainability and advancement. Therefore, investors as well as politicians should put pressure on Israel to end policies and restrictions that hinder all kinds of investments and prevent development, especially those restrictions that violate Palestinian basic rights." 109 projects are expected to be presented at the conference Thursday and Friday. |
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Recent Articles about Bethlehem Peace process
Blair: "Quartet Needs Proposals Regarding Borders, Security" Oct 20 11 The US Deputy Secretary of Treasury: the PIC has "met its goal" May 23 08 Saudi Company to invest $250 million in a project in Palestine May 22 08 Latest News Articles Israel Seeking New Air Force Base in Cyprus 04:37 Wed 08 Feb The tweets listed in the feed below represent the point of view of their authors only, and not the official stand of IMEMC. |