Emerging markets may be back in favour but few investment markets are as exotic as Palestine.
Delayed peace talks, trouble in the Golan Heights, terrorist activities: investing in the country is probably not for widows, orphans, or those of a nervous disposition.
Political risk has existed in the country since Biblical times; not even Bill Clinton has been able to solve it in two weeks.
But just as Beirut’s rebuilding is probably the most unlikely economic success story of the last Five years, some investors are betting that its troubled neighbour in the Levant will yield equally good results.
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