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Estimate of lost Jewish property value in Tunisia, Libya: $50 billion

Estimate of lost Jewish property value in Tunisia, Libya: $50 billion

Tu Bishvat shopping at Jerusalem’s Mahane Yehuda market. (photo credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

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Israel released an official estimate of the value of Jewish property lost when Jewish communities left two Arab countries — Tunisia and Libya — on Saturday night, Hadashot News reported. The initial amount surpassed $50 billion, with the total estimate of property lost in the Arab world, valued at $250 billion, expected to come soon.

The estimate was released in anticipation of the announcement of the Trump administration’s long-awaited peace plan, according to the report. Israel is expected to demand compensation for Jewish property left in Arab countries as a condition to a regional peace deal.

Secret valuations of Jewish property in Morocco, Iraq, Syria, Egypt, Iran and Yemen have been conducted over the past year and a half, the report said.

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