VOL. XXXVIII

NO. 01

3-OCTOBER-1994

Investment Activities

Palestinian Businessmen Establish Three Investment Companies

Palestinian businessmen Sabih and Munib al-Masri announced on 26 Septemberafter a meeting with PLO leader Yasir 'Arafat that they will establish threeinvestment companies in Palestinian areas with a capital of $65mn. Mr. Sabih al-Masrisaid the parent company, the Palestine Development and Investment Company (PDIC),was hoping to invest as much as $1bn in the Palestinian economy...