Short on funds from Iran, Hamas seeks reconciliation with the Saudis

July 2012
Geo-Strategy Direct;7/ 4/2012, p19
The article reports that the leadership of Hamas is taking initiative to renew its ties with the Gulf Cooperation Council (GCC) kingdom in an effort to secure funding from Saudi Arabia. It notes that the Hamas government is seeking the help of old sponsors after Iran withdrew its funding for civilian programs in favor of Islamic Jihad. The article mentions that the Hamas government increased its budget from 630 million dollars in 2011 to 769 million dollars in 2012.


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