Thursday, July 29, 2010

(NEWS) Palestinians In Gaza Invest $20 million In New Resorts

"'Investors prefer investing in businesses that are safe and more profitable than the underground tunnels.'

After the shopping mall and several fancy restaurants, Palestinians in the Gaza Strip have recently invested around $20 million in new seaside and tourist resorts.

According to sources in there, thousands of Palestinian families have started visiting the resorts, which offer a wide range of attractions.

The boom in the local tourism industry is largely attributed to the fact that the underground smuggling business along the border has become less profitable since Israel’s recent decision to allow various goods into the Gaza Strip reduced prices of many items significantly."

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