<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[Occupied Palestine | فلسطين]]></provider_name><provider_url><![CDATA[https://occupiedpalestine.wordpress.com]]></provider_url><author_name><![CDATA[occupiedpalestine]]></author_name><author_url><![CDATA[https://occupiedpalestine.wordpress.com/author/hajarhajar/]]></author_url><title><![CDATA[Nof Zion to Remain in Jewish&nbsp;Hands]]></title><type><![CDATA[link]]></type><html><![CDATA[<p><em><span class="article-details"><span class="article-detail">Monday January 17, 2011 16:47</span><span class="article-detail"> by IMEMC News &#8211; 1 of International Middle East Media Center Editorial Group</span></span> </em></p>
<blockquote class="article-intro"><p><strong>Israeli supermarket magnate Rami Levy  has made made a successful bid to take over development of the Nof Zion  settlement project being built near the Palestinan neighbourhood of  Jabal Al Mukabber in occupied East Jerusalem.</strong></p></blockquote>
<p class="photo"><a name="attachment36356"></a> <img class="summary-image" title="Click on image to see full-sized version" src="https://i0.wp.com/www.imemc.org/attachments/jan2011/settlement_plan_pic_1.jpg" alt="settlement_plan_pic_1.jpg" width="450" height="300" /></p>
<p class="article">Following  the collapse of Digal, the Israeli construction company originally  involved, Arab-American businessman Bashar Al-Masri tried to buy the  land to develop it himself.</p>
<p>But following pressure from Israel&#8217;s national religious community, which  threatened to withdraw their money from financial institutions that  supported Al-Masri, Digal creditors voted to sell to Levy and his  Australian associate Kevin Bermeister.</p>
<p>“This is going to be a large neighborhood,” says Levy, who is also a  member of the Jerusalem City Council. “Ninety homes have already been  built, and another 300 are planned. There is no reason why Jews should  not live there.”</p>
<p>The opportunity to take over the project was an attractive one, he says,  both from a financial and ideological perspective. “It&#8217;s a business  opportunity, but also an opportunity to invest in Jerusalem in a major  way. I love Jerusalem and prefer to invest here than in other places.”</p>
<p>East Jerusalem is considered to be occupied territory under international law.</p>
<p><a href="http://www.imemc.org/article/60436?utm_source=twitterfeed&amp;utm_medium=twitter">Nof Zion to Remain in Jewish Hands &#8211; International Middle East Media Center</a>.</p>
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