Abbas Family Empire

"US aid in the form of loan guarantees meant for Palestinian farmers and other small to mid-sized businesses has been given to a mobile-phone firm backed by President Mahmoud Abbas and Gulf investors. The shift in US taxpayer support to Wataniya Palestine, a joint venture between a Kuwaiti and Qatari telecoms group and a holding company for public assets, the Palestine Investment Fund (PIF), has dismayed sponsors of small private enterprise." (thanks Olivia)