As Mahmoud Abbas prepares to go to the UN General Assembly for a vote recognising Palestinian statehood, we’ll be reporting on the consequences on the ground in the West Bank, Gaza and East Jerusalem, not just the diplomatic repercussions in New York, Washington, Europe and the Arab world.
Talk about the possibility that the the Oslo Accords — and the related Paris Protocol governing economic relations between Israel and the Palestinian territories — could be abolished has huge significance for people and businesses on both sides of the border. Donor funds for the Palestinian Authority could be squeezed even more, threatening the livelihoods of families throughout the West Bank and Gaza.
Ramallah at Night. Will the lights go out? Despite fears, it’s unlikely that international donors will allow the Palestinian Authority, based in Ramallah, to collapse. Photo: CSM.
Most importantly, we’ll be highlighting two entrepreneurs who have made a huge impact on Palestinian lives over the past decades: Hashim Shawa, CEO of the Bank of Palestine, and Fadi Ghandour, the Beirut-born, Jordanian entrepreneur who has fostered a revolution that is not yet fully appreciated: creating new start-ups — with global impact – based on the huge, untapped potential of young Palestinians in the diaspora, as well as providing a superb example of his own struggles creating a successful $700 million company, Aramex.
Hashim Shawa, CEO of the Bank of Palestine, is reaching out to Palestinians everywhere. Photo: Dubai News.
Fadi Ghandour is an “Angel Investor” for new Palestinian start-ups. Photo: Financial Times, London.
Meanwhile, here’s the latest international press coverage, which InvestPalestine.com has obtained in the November issue of The Middle East magazine. (See ‘About’ on the menu at the top of this page.)
Thanks to Palestinian companies like Al Quds Holding, PADICO Holdings and investments by the Nusseibeh family, not to mention another international success story, CCC — and these are just a few of the companies involved — Palestinians in East Jerusalem have managed to stay in their homes, and in the Holy City, despite all.
Palestinian companies helping to promote jobs, investment and trade in East Jerusalem are now getting international press coverage. Credit: The Middle East magazine.
(See the full article, as it first appeared on InvestPalestine.com, 21 October, below.)
Don’t forget, that the 29th of November is the 34th anniversary of the UN’s declaration of 29 November as ‘The Day of International Solidarity with the Palestinian People,’ and the 65th anniversary of UN Resolution 181, declaring an independent state in Palestine.
Thanks for reading!