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Home News Middle East Palestinian Authority & Gaza Strip

Palestinian business leader hopes UAE, Bahrain will press Israel on settlements

New Gulf Arab ties with Israel could also be an opportunity to apply fresh pressure to halt Jewish settlement on land Palestinians want for a future state, says Palestinian-American Bashar Masri, who runs two of the Palestinians' largest holding companies.

by  Reuters and ILH Staff
Published on  10-06-2020 06:51
Last modified: 07-01-2022 12:55
Palestinian business leader hopes UAE, Bahrain will press Israel on settlementsReuters/Rami Ayyub

Bashar Masri, the founder of Rawabi, the first planned Palestinian city in the West Bank | File photo: Reuters/Rami Ayyub

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A top Palestinian business executive said on Monday that new Gulf Arab ties with Israel, condemned by Palestinian leaders, could also be an opportunity to apply fresh pressure to halt Jewish settlement on land Palestinians want for a future state

Palestinian-American Bashar Masri, who runs two of the Palestinians' largest holding companies, said the Palestinians must find a way to turn agreements Israel struck last month with the United Arab Emirates and Bahrain into "a positive thing for us."

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Palestinian leaders have called Arab agreements to normalize relations with Israel a blow to their quest for an independent state in the West Bank, Gaza and east Jerusalem.

Masri, 59, said the Palestinian message to the UAE and Bahrain should now be: "Hey, why don't you pressure Israel, who you're talking to, to stop the settlements?."

"I hope they can turn these agreements to pressure Israel into concessions for the Palestinians," he said.

But Masri, chairman of Massar International, said he was uncertain that halting settlement expansion in the West Bank would be a priority for Gulf Arab states that agreed to official ties with Israel in part over shared concern over Iran.

Most countries view the settlements that Israel has built in the West Bank as illegal. Israel disputes this.

Israel has hailed ties with the UAE and Bahrain as a major business opportunity, and Masri said Palestinian enterprises would not be inherently opposed to accepting investment from the two Gulf nations.

Massar International oversees and manages more than 30 subsidiaries and investments in finance, tech, agriculture, media and real estate, including Rawabi, the first planned Palestinian city in the West Bank.

Masri said that now that emotions over the deals have calmed down - "we burned the flags" - Palestinians have "no choice but to be optimistic."

"Our enemies want us to give up hope. If we give up hope, they have exactly what they want, and there will be no Palestine, and no Palestinian people," he said.

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