Quintet Arab statement supports mediation efforts regarding Gaza crisis    Claudia Sheinbaum elected Mexico's first female president    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egypt, Spain back Biden's Gaza ceasefire proposal    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Pakistan inflation falls to 30-month low in May    Amwal Al Ghad Awards Ceremony 2024 kicks off this evening    Egypt and Tanzania discuss water cooperation    Tax policy plays crucial role in attracting investment to Egypt: ETA chief    Egyptian Countryside Development partners with Elsewedy Capital for agricultural investment project in Farafra, Siwa    EU sanctions on Russian LNG not to hurt Asian market    Egypt's CBE offers EGP 3b in fixed coupon t-bonds    Al-Mashat leads Egyptian delegation at inaugural Korea-Africa Summit    Egypt's PM pushes for 30,000 annual teacher appointments to address nationwide shortage    Nvidia to roll out next-gen AI chip platform in '26    Indian markets set to gain as polls show landslide Modi win    Egypt includes refugees and immigrants in the health care system    Ancient Egyptians may have attempted early cancer treatment surgery    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    US Embassy in Cairo brings world-famous Harlem Globetrotters to Egypt    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    US Biogen agrees to acquire HI-Bio for $1.8b    Egypt to build 58 hospitals by '25    Giza Pyramids host Egypt's leg of global 'One Run' half-marathon    Madinaty to host "Fly Over Madinaty" skydiving event    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Israeli lust for Sinai unveiled
Published in The Egyptian Gazette on 03 - 12 - 2010

CAIRO - Since they were forced to withdraw from Sinai in the wake of Egypt's glorious victory in the October 1973 War, the Israelis have been living with regret.
Their generals describe their complete withdrawal from Sinai in 1979 as the worst unavoidable decision ever taken by an Israeli government since the birth of Israel in Palestine.
About 100,000 Egyptian soldiers died in the wars to liberate Sinai that started in 1967.
To make up for their frustration, the Israelis came up with a sly, 'Jewish-style' plot to retake the Peninsula from the Egyptians.
Wealthy Jewish businessmen, posing as European property investors, started buying up thousands of feddans (acres) in Sinai.
Israel's cunning plan was discovered by a powerful watchdog, which arrested 11 people, including a lawyer and the general-secretary of the Ismailia Court, for selling villas, apartments and vast swathes of land in Sinai to Italian property development companies owned by Israelis.
In announcing its ruling in this case, the Ismailia Criminal Court on the Suez Canal appealed to legislators to amend the laws governing the sale and purchase of land in the Peninsula.
The court warned that the current laws had allowed corrupt Egyptians to help Israel get its hands on Sinai again – this time without having to resort to the bullet.
The court said that it was outrageous that the huge sacrifices made by the Egyptian Army to kick the enemy out of the sacred land of Sinai had been forgotten (by some) for the sake of filthy lucre.
The Criminal Court said that, although Sinai had been liberated, it remained vulnerable to the threat of Israeli expansion.
“The legislators should act immediately to save Sinai,” added the head of the court, who was apparently referring to the Jewish dream of the 'Greater Israel', stretching from the Nile in Egypt to the Euphrates in Iraq.
The lawyer and the general-secretary of the court were sentenced to 10 and five years respectively behind bars for aiding and abetting 'Israelis' to buy land in Sinai.
However, the Criminal Court had to acquit nine foreigners of Jewish origin, after it was discovered that their property deals, cynical though they were, fell within the scope of the Investment Law for Foreign Ownership of Land in Egypt.
Meanwhile, the Prime Minister has been urged to issue a decree, which would officially endorse non-Egyptians' ownership of property in Sinai with their nationality.
Lawmakers stress that Sinai has a special strategic status and the Government should scrutinise foreigners' motives for buying land in the Peninsula.
Foreigners were banned from buying land in Egypt by Law 27/1951, which states that non-Egyptians should not buy agricultural or desert land.
However, non-Egyptians who had bought land or apartments in Egypt prior to this law were exempted.
In 1963, the socialist government of late president Gamal Abdel-Nasser issued Law 15, as part of its nationalisation campaign, allowing it to seize land and property owned by foreigners.
Over 30 years later, foreign property investors and purchasers were permitted according to Law 230/1996 to own buildings or plots of land, but not more than two per person and on a 99-year lease.
This law, apparently designed to boost the Government's investment drive at the time, stipulates that the building or the land should not exceed 4,000 square metres in size and should not be part of an archaeological site.


Clic here to read the story from its source.