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Source: http://www.bloomberg.com/apps/news?pid=20601088&sid=aomy1Jwnp1VA&refer=muse
Israel's Sacred Golf Course
[Bloomberg] A. Craig Copetas - Along the Sea of Galilee, New York-based Americas Partners LLP General Partner Joseph Bernstein is spending $46 million to build the first 36-hole championship golf course in Israel, atop Mount Arbel. On July 4, 1187, near the site of the Galilee Golf Club pro shop, Saladin, the Sultan of Egypt, Arabia, Syria and Mesopotamia, crushed the Crusader army dispatched to recapture the Holy Land. International investors in 2006 pumped a record $23 billion into Israel, fueling economic growth by 5.1% and pushing unemployment down to a ten-year low in the fourth quarter.