UPP Co-chair and American Task Force on Palestine President Ziad Asali is interviewed regarding the Palestinian National Authority's new report "Palestine: Moving Forward, Priority Interventions for 2010."
With the closing days of 2009, the UPP Team has issued a progress report on the Partnership's successes and its plans for 2010 in the Information & Communication Technology, Hotel & Tourism and Agribusiness sectors.
The Partnership-supported Middle East Venture Capital Fund received a commitment of 5 million euros from the European Investment Bank. The pledge was announced at a signing ceremony with Palestinian Prime Minister Salam Fayyad and the Ministers of National Economy and Telecommunications and Information Technology. Prime Minister Fayyad, “Palestine is open for business. We support the Middle East Venture Capital Fund efforts to contribute to economic growth in Palestine and benefit from development of stronger business ties and shared experience with the outside world and thank the European Investment Bank for their trust in this project.”
Read the full release from the European Investment Bank.
On September 22nd, 2009, Zika Abzuk, Cisco manager of corporate social responsibility and corporate affairs, together with Tareq Maya, CEO of Exalt and dr. Sabri Saidam, senior advisor to President Abbas, presented a case study highlighting the creation of a unique outsourcing program that encourages further development of the Information and Communications Technology (ICT) sector in Palestine. The program helps to establish an ecosystem that encourages technology entrepreneurship by providing outsourcing research and development and engineering projects to Palestinian software development firms.
Watch a video about the outsourcing program.
On September 22, 2009, UPP leadership met with members of the public, private and nonprofit sectors to discuss ways to create economic opportunities, to expand stakeholders for peace and to support the efforts of the U.S. Government to end the Arab-Israeli conflict. Working sessions were held to discuss the information and communication technology, hotel and tourism and agribusiness sectors and the opportunities within each for growth, new jobs and the possibility of sustained economic activity.
Google has released full video footage from the Ramallah G-Pals Day 2009, an interactive, hands-on training, co-sponsored the U.S.-Palestinian Partnership, USAID, the Case Foundation and Google, that drew more than 200 software developers and entrepreneurs. The videos have been edited into short segments to serve as a resource for those unable to attend the at-capacity event.
Booz Allen Hamilton Vice President Donald Pressley and Associate Cheryl Steele discuss their experience supporting the planning of the 2008 Palestine Investment Conference and their learnings about generating investment in the West Bank.
Read their article in the Summer 2009 issue of strategy+business magazine.
In response to the U.S.-Palestinian Partnership's call for private sector support of educational opportunities in the West Bank, Craigslist Founder Craig Newmark funds the purchase of hardware for a computer lab at the Tomorrow's Youth Organization (TYO) in Nablus. The lab will provide underserved women and youth in Nablus with improved access to new resources and opportunities.
The U.S.-Palestinian Partnership is partnering with Goldman Sachs 10,000 Women initiative and American University in Cairo for the Women's Entrepreneurship and Leadership (WEL) Program, a business and management program designed for underserved women in the Middle East.
Over the next five years the WEL Program will educate 500 women in the region and serve as a resource center for women’s leadership and entrepreneurial empowerment.
Co-Chairs Walter Isaacson and Ziad Asali and U.S.-Palestinian Partnership representatives from the American Task Force on Palestine, the Aspen Institute, the Case Foundation, the State Department, and USAID met with the leadership of the four Youth Development and Resource Centers (YDRCs). The group, which included the Executive Directors of each center, along with officials from the Palestinian Authority's Ministry of Youth and Sports and volunteers who serve on the centers' governing boards traveled to Washington, D.C., as part of a special exchange program created by the State Department's Bureau of Educational and Cultural Affairs.
Click here to read the December 2008 UPP Newsletter, which features updates on the recent Palestinian Business and Investment Forum, the Co-Cochairs trip to the West Bank in November and more.
Under Secretary for Public Diplomacy and Public Affairs James K. Glassman, together with UPP Co-Chairs Ziad Asali and Jean Case, led a delegation to the West Bank November 15-18. Read more about the visit.
Palestinian Prime Minister Salam Fayyad, Secretary of State Condoleezza Rice, and other keynote speakers discussed unique investment opportunities and announced millions of dollars in investments in the region by TouchStar, Cisco Systems Inc., and Intel Corp. Read more about the outcomes of the Forum.
Click here to read the August 2008 UPP Newsletter, which contains updates on Partnership progress and information about upcoming activities.