(tow-tvee-ioae ee Wnty potera qxatnins telosnaten ofesting the Betiene! Desens af the Codie Gnains ouigts the meaning of tbe Eagennage Lows, Tui 8 O82 tere. 13 and 4 (20 (mnenenen Of Grreninn of Toh in AF Mosier w om yRoubenses Foruas Mi prOmincted bY LS. . $-E-CoR-BoF BOFORE/CONTINUED CONTROL COunTay UAR {fPOST NO. C$ -3/sk9, 117 SUBJECT (raveritgence \activities of the DATE OISTR. 13 Septeader 1960 . Aleflasir Treding 8 as NO. PAGES i gommevestnaemnerinenyo ane om Headquarters. Comment. ‘Taisireport’aupplenents C5-3/127,819 from the <7 5 GOMES GOUFCEe hed lt, Hg Ma Li thw te ce eT ae 1. Ta:dune-July01960, the*profite 6f the Al-Nesir Trading Company were being og transferred (tq a special government fund for financing Clandestine operations.) The UAR Gove nt was aleo employing the company for its "{iegal" trang@ a actions, such as trade with France, ca the tenis ot’ a commligsion fee of ; 20 percent. (an Erc*tan security. cffiter jis reported to have said in June that the company haa been shipping arms from Sucz Canal ports to South (7) Africa for distribution in Africen countries for use by anti-European ine gurgeate... “a . . va — . _@. Tt. Colonel Muhammad Ghanip, the director of the Al-Nasir “rading Company, wes reported to have engaged uring ula previous assignment as manager of the Niel Company iz, Beirat.:« ; 1. Headquarters Comment. Probably identical with the Milevaubiielty ~~ RETURN TO CIA Background Use Only. Do Not Reproduce Sp am >
14-00000 . a. > . a Ban ve ———— nee sree a c$ -2. 7, a) % are OF ated ow nance The Al-rasigs Grecizg Company Oal€ lana, 2 Lo oe February. 527 ; love pene boat's ; \ wm PAGes-: kPa OS —_ ’ | RS oF a tetca bp ag 3G j wer. Daceaber 1929 4 : Z | . MACE & . . _* gate [teceat-r 1559) FELD REPORT NO. SOURCE EVALUALONS ARE O€firati APPRAISAL OF CONTENT (S$ TENTATIVE. souece, |( An American (B), from an official of the Isrecli Ministry of Defense (7).)| oy Appraisal ef Content: 3. peste Comment. In view of the origin of the information, it aust Fre ) Gime Peserve. ‘ 1. ‘The Ecyptian firm, Al-Nasir Trading Company,[either gay be collaborating o? fwith UAR Intelligence or was éstabliched by the UAR Government to finance * \ military latelligence operations not covered by the regular bu¢get. ‘The stor-general of the firm, Lt. Colonel Mikammad Ghanin[1e an officer os am the counterespiona..e: branch of Military Intelligei@ey arave military 1 pay, and doas not appear to touch the profits of the company.+) ; @.° Lt. Colonel Ghanim te rumored ta huve said he wag instrumental in the - ' erganiging of the Relm:t uprising for waich purpose xe used the nicxe of : : Muhemmad al-Masri. <a haa ministerial status and belongs to the innce : ' eircles of UAR Preeicent Jamal ‘Abd-al-Nasir. (His immediate euperior is : b [Aiud Khafefi.|) Ghanim mainteins an account in his neme at the Banque Ole -genevoise de Commerce et de Credit. He traveled in Weatern Europe during Movember 1959; was in Geneva, Switzerland on 1 November; in Paria oa § Movember frum where he vent to Brussela efter a few days. . a * *8, he Al-Nasir Trading Company fe chiefly engeged in the marketing of rice . and cotton. Cotvon exported by the company, on the basia of government allocations, is seven percent of the total Egyptian export in this field. : > he firm is represented in Geneva and Paris by the Eastern Company over i which it acquired control for the purpose of cotton export. One of its : . Menegers is ‘Abd-al-—Azim Husayni, who makes occasional business trips to Burcpe. 2. Headquarters Comment. A report of early January 1960 from encther- Gource end srea reported,that the Al-Nasir Trading Company wee re- . portedly (én Egyptian Intelligence cover fimJend that ite manager, Luhemaad““Gienin, had opened an account in the Benque: Genevolse de Gormerce et de Credit. Thais report stated that Ghauim had been in Geneva on 6 iovenber 1959, inParis.on LL November, and in Brussels ‘ on 17 4oveaber. /CORTIRUED ‘CONTROL S-E-C-R-E~'T/HOFGRN, - age HOUR SU: Retin en seemctereta ® & ASUS Sd ANY le 2 8 AO. 5a he oh 6 OES DET 66 + ao aE Se ree See WINE G AWHONN ke POR ” ea a Oe PA aay ed OLEATE CPT «+o — 70