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Palestine Telecommunications’ comment on increasing its stake in PADICO


In response to an inquiry by Palestine Capital Market Authority about increasing the shareholding ownership of Palestine Telecommunications PALTEL in Palestine Development & Investment Company PADICO; PALTEL announced in a disclosure that it has no intension in the near short run to engage into major transactions similar to the ones in the previous week when purchasing the shareholding stakes of both Palestine Investment Fund PIF and Blakeney Group. According to PALTEL, the company will announced in time purchases additional shares, and the overall ownership percentage will not exceed 20%.



Al-Quds Index at its highest level in three years

Al-fiter holiday announcement

Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

Al-Quds Index rebounds upwards in mid-June

Al-Quds Index in the red zone in the second week of Ramadan

New anticipations appear with the start of June



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