The group had a chance to visit with
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The group had a chance to visit with
Bashar Masri, the Nablus-born founder and
CEO of Massar International, the
Palestinian conglomerate financing a third
of Rawabi. Massar and Qatar Diar, the real
estate investment arm of the government of
Qatar's sovereign wealth fund, jointly
created Bayti Real Estate Investment
Company -- Palestine to build and market
Rawabi. But if two-thirds of the project's
money is coming from Qatar, the vision
behind Rawabi is Masri's.
Massar owns a private equity fund that
invests in Palestinian agriculture and
natural gas distribution. It runs travel
agencies in Jordan and brokerage firms in
Serbia. Massar invests in Harvest Export,
which sells Palestinian produce to
consumers in Russia and Western Europe --
as well as in Israel. Two years ago, Masri
made headlines when he attempted to
purchase a bankrupt Jewish housing
development in East Jerusalem. He helped
create an online trading and brokerage
platform for Palestine's stock exchange.
Masri has lived outside of Palestine for
periods of his life, and is, by all accounts,
largely untainted by connections to the
PA's notoriously rent-seeking inner circle.
He's a trim middle-aged man, smartly-
dressed, friendly and approachable. There
seemed no more appropriate a place to talk
to him one-on-one than on a wide terrace
overlooking the construction site, with
HOUSE_OVERSIGHT_028714
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