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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 in the green zone and a momentum in executing transactions

Al-Quds Index records gains for the second week in row

Al-Quds Index opens the year 2021 in the green zone

The PEX reviews the composition of Al-Quds Index for the year 2021



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