PalAqar for Real Estate Development & Management PalAqar was established in 1998 as a public shareholding company, with a paid in capital of JOD 2.5 million. The company has a well established real estate company “Akarat” for managing the commercial outlets (Real Estate) which is fully owned and managed by PalAqar, whereas the company has signed an agreement with the Nablus Municipality to manage and operate the Municipal Commercial Compound in the middle of Nablus town. PalAqar is specialized in: constructing, civil engineering, real estate developing and managing of the owned or leased properties and others.