The company, Siraj Fund Management Company, says it was created "for the sole purpose of managing investment funds in Palestine."
The new company's website repeatedly refers to what it calls the "country" of "Palestine." There is, however, no such country as Palestine. Siraj is apparently referring to territories controlled by the Palestinian Authority.
"Siraj has plans to launch future funds focused on the Palestinian market thereby contributing to the sustainable development of the country," states the website.
This marks the latest involvement of Soros in Middle Eastern affairs.
WND reported last week Soros has been funding groups pushing for democracy in Egypt and is associated with an opposition leader there who has been fueling protests toppling the regime of President Hosni Mubarak, a key U.S. ally in the region.
WND also reported an international "crisis management" group led by Soros long has petitioned for the Egyptian government to normalize ties with the Muslim Brotherhood, the main opposition in Egypt.
This week, Siraj Fund Management Company, the first private equity fund in the Palestinian territories, officially launched in the West Bank city of Ramallah.
Soros' Economic Development Fund invested in the new group alongside the U.S. government-owned Overseas Private Investment Corporation, or OPIC.
OPIC is an independent agency of the US government that mobilizes private sector investment in new and emerging markets overseas.
By Aaron Klein - read more at WND
Comments (8)
They Lie
Pray for guidance and you wil be shown the way. God bless you and keep you safe.
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Mr.
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Isreal has a right to defend itself
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God Forbid Israel Divided
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Obama: The disgrace of a nation
As an American, I am embarrassed and ashamed that my fellow countrymen voted in this Godless man. It is an indictment against a people who have forsaken their first Love, and have become lazy and gullible beyond belief!
To all those that read this, please know that there are still many in the USA who love and support Israel, and speak out against this current President and his agendas.
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