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Ad Hoc Liaison Committee

Investing to Build a State

Layali H. Abdeen's picture

A few weeks ago, I attended the launch ceremony of theGaza. City. Photo: © Natalia Cieslik / World Bank new Palestine Capital Growth Fund, a subsidiary of the multibillion-dollar, Dubai-based private equity fund Abraaj. I found that many people questioned why   Abraaj would operate in the Palestinian Territories. Some would even describe such a move as a pure act of  social responsibility. But it is not.