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Sahem signs agreement with Zawya to provide market data on Palestine

2010-06-03

Bethlehem, June 3, 2010 — Sahem Trading & Investments Company (Sahem), one of Palestine’s top brokerage firms, announced today the signing of a significant agreement with Zawya in Dubai, one of the world’s top sources for investors and financial markets’ news and database in the Middle East.  Under the terms of this contract, Zawya has agreed to publish Sahem’s data base on their platform which can only be accessed through subscription.

Sahem is the first financial firm in Palestine to offer this service to Zawya, it’s known that Zawya has partnership with the global Dow Jones newswire, to provide breaking news on the region. General Manager of Sahem, Mr. Samir Zraiq said: “We are proud of this partnership which only shows our continuous commitment to offering best market data and research to both our clients, and foreign investors who may be interested in Palestine. This is an accolade for our research team as well as our brokers", Mr. Zraiq added "This maintains our credibility not only in Palestine and our local stock market but in the region and around the world.”

Sahem prepares and provides market reports on Palestine Stock Exchange and its listed companies to cover: Equity, Risk Management, Flash results, Market Scan, Weekly and Annual Market reports, Macro reports, Dividend Analysis and New listing Overview.  

The Palestine Stock Exchange (PSE) welcomed this pioneering partnership, as it continues to support innovation and professionalism amongst local financial institutions, Chief Executive of the PSE, Mr. Ahmad Aweidah said: ”We are delighted to learn that Sahem has signed with a leading data provider like Zawya. Market research and data are vital for any stock exchange and enhances investors’ understanding of trading and companies profiles. We want Palestine to always lead the way in partnering with regional and global financial platforms.”

 Zawya’s platform brings over 135 branded local and international content providers, in addition to its own in-depth database of major Arab companies. The platform receives over 70,000 regular users of its free service and 100"s of corporate subscribers for its premium service (The Corporate Monitor).


 

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