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(DPA-Ha'aretz) You can get a brand new BMW in the impoverished Gaza Strip, but you'll have to pay about twice as much for the privilege. The Hamas authorities in Gaza have decided to grant licenses to smuggled cars, explains car salesman Mohamed Nasrallah. "I pay $10,000 to the government in order to make the illegal smuggled car legal with an official license," he says. He buys the smuggled car for $25,000, takes a $5,000-dollar profit, and sells it to the consumer for $40,000. Zeyad Zaza, the minister of economy in the Hamas government, says there are 60,000 vehicles in Gaza. 2010-05-14 08:37:26Full Article
Gaza's Car Industry
(DPA-Ha'aretz) You can get a brand new BMW in the impoverished Gaza Strip, but you'll have to pay about twice as much for the privilege. The Hamas authorities in Gaza have decided to grant licenses to smuggled cars, explains car salesman Mohamed Nasrallah. "I pay $10,000 to the government in order to make the illegal smuggled car legal with an official license," he says. He buys the smuggled car for $25,000, takes a $5,000-dollar profit, and sells it to the consumer for $40,000. Zeyad Zaza, the minister of economy in the Hamas government, says there are 60,000 vehicles in Gaza. 2010-05-14 08:37:26Full Article
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