Saturday, July 31, 2010

Hamas thrives in Gaza's besieged economy


Mai Yaghi
AFP
25 July '10
Posted before Shabbat

GAZA CITY, Palestinian Territories (AFP) – The tranquil lawns of the seaside Garden Resort are a high-end oasis in the impoverished Gaza Strip -- and a new source of income for the Hamas-linked charity that owns it.

The beach club, one of several commercial ventures recently launched by groups and individuals linked to Hamas, illustrates the Islamist movement's growing dominance of an economy crippled by a four-year-old Israeli blockade.

The 1.25 million dollar (one million euro) resort is owned and operated by the Islamic Foundation, a charity established by Hamas's spiritual founder, Ahmed Yassin, that has long provided aid to poor families and orphans.

Some 2,000 people have visited each weekend since the foundation established the club and an adjacent fish farm earlier this year, with most paying the eight dollars per family admission fee and many dining at its restaurant.

"These projects provide a service to citizens in order to relieve the burdens of the (Israeli) occupation and the devastating war," said foundation chairman Abdelrahim Shihab.

"The project encourages economic growth ... But our priority is the citizen and not the investment."

(Read full story)

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