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Nablus is the capital city of the Nablus Governorate, located in the northern part of the West Bank, one of two territories claimed by the State of Palestine. Founded in 72 BCE by the Roman Empire, the city has been ruled variously by the Crusaders, Ayyubids, Ottomans, and the British. Home to the Palestinian stock exchange and An-Najah University, the largest university in Palestine, Nablus is an important Palestinian cultural and commercial center. Today, there are still many traditional industries that operate in Nablus, such as the production of soap and cheese, which are renowned throughout Palestine and the broader Arab world.