Pat Dollard

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JERUSALEM – In partnership with a government fund initiated by Barack Obama, philanthropist and billionaire activist George Soros is investing in a private equity company that just launched in the Palestinian territories.

The company, Siraj Fund Management Company, says it was created “for the sole purpose of managing investment funds in Palestine.”

The new company’s website repeatedly refers to what it calls the “country” of “Palestine.” There is, however, no such country as Palestine. Siraj is apparently referring to territories controlled by the Palestinian Authority.

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“Siraj has plans to launch future funds focused on the Palestinian market thereby contributing to the sustainable development of the country,” states the website.

This marks the latest involvement of Soros in Middle Eastern affairs.

WND reported last week Soros has been funding groups pushing for democracy in Egypt and is associated with an opposition leader there who has been fueling protests toppling the regime of President Hosni Mubarak, a key U.S. ally in the region.

WND also reported an international “crisis management” group led by Soros long has petitioned for the Egyptian government to normalize ties with the Muslim Brotherhood, the main opposition in Egypt.

OPIC is an independent agency of the US government that mobilizes private sector investment in new and emerging markets overseas.

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