- Government oversees significant settlement expansion in the West Bank, including units near Jerusalem and Nablus.
- Israeli companies are operating in the occupied West Bank, marketing settlements as close to Jerusalem.
Jerusalem Plans High-Tech Park in East Jerusalem with UAE Investment
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The Israeli-run municipality of Jerusalem plans to develop a modern industrial park, called Silicon Wadi, in the city's occupied east. The project is estimated to cost $600 million (2.1 billion shekels) and aims to create 10,000 jobs. The plan involves 250,000 square metres of real estate for high-tech companies, with 100,000 square metres designated for commerce and hotels.
From middleeasteye.net
Why it matters
The city is actively recruiting companies from the United Arab Emirates to invest in this initiative. The development is part of a broader push to establish Jerusalem as a high-tech center for the entire Middle East.
Israeli companies are operating in the occupied West Bank, marketing settlements as close to Jerusalem. Government oversees significant settlement expansion in the West Bank, including units near Jerusalem and Nablus.
From middleeasteye.net
Who's involved
- JerusalemThe city whose foreign relations are linked to the project and is the site of the planned development.
- United Arab EmiratesThe country whose firms are being recruited to invest in the high-tech park.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- United Arab EmiratesSpeculative
The United Arab Emirates could see new commercial and investment opportunities through the recruitment of its firms into the project.
Keep exploring
Part of
Israeli companies are operating in the occupied West Bank, marketing settlements as close to Jerusalem.Also in this story
- Heidelberg Materials subsidiary operates a quarry in Mitzpe Shalem, an illegal settlement on Palestinian land, embedded in security infrastructure.
- Sonol gas station, located in the Ariel settlement in the West Bank, saw Palestinians seeking fuel nearby.
The entities involved
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Jerusalem
city in the Middle East, holy to the three Abrahamic religions
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United Arab Emirates
country in Western Asia
Related events
- The Wadi Al-Joz industrial zone in the Gaza Strip was targeted.
- Har Hotzvim serves as the city's key technology and innovation hub.
- Hamas-affiliated designs were found in confiscated items in Jerusalem, coinciding with operations in the ultra-Orthodox neighborhood of the city and the location of UAWC offices in the West Bank.
- Jordan and Qatar have established robust bilateral relations and committed to supporting holy sites in occupied Jerusalem.
- Israeli produce floods Palestinian market; movement restricted to Jerusalem; settlement occupies seized green space.