Jews buying up the Sinai?

Palestine Press Agency quotes a Kuwaiti newspaper as saying that Israelis are acquiring large tracts of land in the Sinai.

According to the report, Egyptian intelligence is warning that the Israeli Jews are using Egyptian middlemen to lease land for 25 years, circumventing Egyptian laws against selling or renting land to Israelis.

The lands are in Sharm el-Sheikh, Hurghada, Ras Mohamed and Taba.

The report indicates that they are meant mostly for building hotel and other tourist facilities.