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Palestine Economic Corporation Will Invest $10,000,000 More in Israel

December 26, 1951
See Original Daily Bulletin From This Date

The Palestine Economic Corporation of New York will add another $10,000,000 in the coming year to the $25,000,000 it has already invested in Israel. Joseph Sugarman, its president, announced at a reception here last night. He said the P.E.C. would establish a new company with a revolving fund of several million dollars in foreign currency to help Israeli exports and imports.

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