Eid Mubarak

A very blessed and joyous Eid…

A Palestinian baker in the West Bank city of Jenin displays mini-cakes sprinkled with powdered sugar, ready for Eid al-Fitr. Photo courtesy: AFP

…From all of us at investpalestine.com

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Palestine’s Olympic Triumph III – Woroud!

As one of the five Palestinian athletes competing at the Olympics here in London (plus two others in the Paralympics later this month), Woroud Sawalha said it all, after she competed in the 800-metre track event today. Although finishing last in her heat, she told Toronto’s Globe and Mail, “My target was to make a new record for myself and for Palestine. I got it!”

Woroud Sawalha runs in her women’s 800-metre, round one heat at the London 2012 Olympic Games at the Olympic Stadium on Wednesday, 8 August. Picture: Reuters.

A 20-year-old university student from Asira ash-Shamaliya, near Nablus, she has had to train in places like Egypt, Qatar and Jordan because of the lack of suitable facilities in Palestine. Undaunted, she says that her experience in London is just the beginning. “I hope I will do well in the future. The Olympic Games is a first step for me.”

With each of her fingernails decorated with a tiny Palestinian flag, she adds that “My dream is to do something for Palestine and to show the world that Palestine deserves to live and stand on the podium.”

Congratulations to Maher, Sabine, Ahmed and Baha, too, their coaches and officials who helped to put Palestine “on the map,” in one of the world’s most exciting, and inspiring, events!

Pam

© Pamela Ann Smith
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$ 55 Million for Palestine’s Private Sector

While the international media has been highlighting the acute financial crisis facing the Palestinian Authority in Ramallah, Palestine’s donors have been quietly, behind the scenes, shifting their focus to promoting the private sector. While their new priorities do not exclude immediate cash transfers to the ailing interim government in the occupied territorites to prevent its collapse, their latest funding programmes, which include $55 million from the World Bank and its affiliates over the next two years, emphasise the vital role that private companies and employers could play in helping to reduce Palestine’s dependence on foreign aid, and in creating jobs.

The Minister of Economy, Jawad Naji, is working with the World Bank to promote Palestinian companies and Palestine’s international competitiveness. Photograph: Palestine News Network.

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