History British Mandate of Palestine In 1929, Palestine Hotels Ltd. purchased on Jerusalem's Julian's Way, today King David Street. Half the construction costs were paid by Ezra Mosseri, an affluent Egyptian Jewish banker and director of the National Bank of Egypt, and another 46% by the Goldschmidt family and other wealthy Cairo Jews. The approximately 4% remaining was paid by the National Bank of Egypt, which purchased 693 shares of the company between 1934 and 1943.Egyptian bank sues Israel for dividends, by Etgar Lefkovits for The Jerusalem Post, 27 June 2007. Re-accessed September 2020.
history british mandate of palestine in 1929 palestine hotels ltd purchased on jerusalem's julian's way today king david street half the construction costs were paid by ezra mosseri an affluent egyptian jewish banker and director of the national bank of egypt and another 46% by the goldschmidt family and other wealthy cairo jews the approximately 4% remaining was paid by the national bank of egypt which purchased 693 shares of the company between 1934 and 1943egyptian bank sues israel for dividends by etgar lefkovits for the jerusalem post 27 june 2007 re-accessed september 2020