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Article: Israel to introduce private-equity fund to develop Israeli-Arab sector
- Article from:
- Jerusalem Post
- Article date:
- July 7, 2009
- Author:
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The Media Line
Jerusalem Post
07-07-2009
Headline: Israel to introduce private-equity fund to develop Israeli-Arab sector
Byline: The Media Line
Edition; Daily
Section: Economics
Page: 19
Tuesday, July 7, 2009 -- Within the next two weeks the Prime Minister's Office will offer a tender worth NIS 160 million aimed at developing businesses within the Israeli-Arab sector, The Media Line has learned.
"We are establishing a private-equity fund," Aiman Saif, director-general of the Economic Development Authority for Arab Minorities in the Prime Minister's Office, told The Media Line. "We are going to put NIS 80m. into a tender that we are going to offer to the private sector, and we expect that the ...