Rawabi City is now like a beautiful princess. Almost all eyes of Arab, American and European businessmen are fixed in the city of 6,475 Kilo square meters and 25 kilometers north of Jerusalem. Especially the social entrepreneurs who are looking at development potential and economic opportunities in Palestine.
In the first week of April 2017, for example, 50 participants of "Forbes Summit Summit 30 under 30" traveled from Jerusalem to Rawabi. They wanted to see the city of Rawabi's great dream and the extraordinary achievements of the Palestinian children's son, Bashar Masri.
Through a subsidiary of Massar International Bayti Real Estate Investment Company, Masri developed the Rawabi megaproject. Construction work done in 2010, now Rawabi physical form has begun to appear.
Photo: Documentation Rawabi
Rawabi became a city with many futuristic high-rise buildings. The city is equipped with high-tech facilities that are environmentally friendly. In addition to its position on the hilltop, Rawabi City presents exotic scenery, ranging from steep canyons, sunsets, and stunning blue sky.
Then what about business opportunities there?
Also read: This Rawabi, the First Metropolitan in Palestine  Founder of Rawabi City, Bashar Masri presented directly to 50 participants of the Forbes 30 under 30 Summit came in the first week of April. The meeting was deliberately held in the arena amphitheater Rawabi. The 15,000-seater arena is the largest in the Middle East.
"We want to make money," said Masri started greeting as quoted from Forbes.com, Friday (15/12/2017).
"But more importantly, we want to make the environment and life better for our society, we want to inspire young people and give them a chance," added Masri, the man born in Nablus, Palestine 1961.
Sir Ronald Cohen of The Portland Trust is optimistic that Rawabi will become a fast growing business center. Although the space for the store is less than other facilities. "If you think big, you will achieve more than you want.Rawabi is about profit with the goal: to provide measurable financial and social goodness that can be answered," he said in the same opportunity and place.
After Masri and Cohen gave a speech, six young Palestinian entrepreneurs presented their business model. The six young Palestinian businessmen include Dr. Adnan Copty, one of the founders of NIMD, a cancer care startup using microwave radiation whose office is based in Jerusalem.
Peter Abualzolof, one of the founders of Mashvisor, a startup of real estate technology in Ramallah. Mashvisor was the first Palestinian company elected to participate in 500 Startups. There was also Nancy Morrar of The Siraj Fund, who invested in a high-tech Palestinian company.
The three founders of the European Under 30 were also present at Rawabi at the time. They are Carla Brown from Game Dr. (UK), Alise Semjonova from Infogram (Latvia) and Mariano Kostelec from Uniplaces (Portugal).
On another occasion, Masri said it was persuading Microsoft, Google, and Apple to hire Palestinian programmers in the city, yet they committed. But he made sure there was one Israeli technology company that would open an office in Rawabi.
Nasdaq traded Mellanox Technologies Ltd., maker of high-speed data equipment and employs nearly 100 Palestinian programmers as well plans to move most of their activities to Rawabi this spring. Masri also continues to persuade other big companies in the world to come to Rawabi.
A Ramallah-based business consultant, Sam Bahour says the commitments of some investors in Rawabi can falter when Masri asks for more funds. Moreover, until now there has been no solution to the conflict between Palestine and Israel.
Qatari Diar Real Estate Investment Co. for example, is currently a partner of Bayti Real Estate Investment Company. Bahour likes this time Qatari Diar still bought a long string at Rawabi. But he could pull the rope back.
"The rope is longer than most of us, the rope is still there, and when it is pulled it (Rawabi) feels it," said Sam Bahour as quoted by Bloomberg.
There is also Mellanox CEO Eyal Waldman said as long as his company opened an office in the West Bank there have been three riots between Palestinians and the Israeli Army. But they still work in a team.
"We passed three small wars as we hired people in the West Bank, and we continue to work as a team," Eyal Waldman said. "We hope to continue growing," he continued.
Then, what about the Indonesian billionaires? Are there any of you interested in doing business on Palestinian land there?
(erd / jat)