VOL. XL No. 15 14-April-1997

PALESTINE

Palestinian Investors Form Company To Buy Arab Land

Three prominent Palestinian businessmen, Mr. Abd al-Majid Shuman, Mr.Munir al-Masri and Mr. Hasib Sabbagh, have launched a multi-million dollarhousing firm to buy and develop land in East Jerusalem. The move aims tocurb Israeli development in East Jerusalem following Israeli governmentplans to continue with the construction of a housing settlement in JabalAbu Ghnaim (Har Homa) (MEES, 24 March). According...