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PICO posts net income of $0.94 million in H1 2016


According to the financial statements of Palestine Insurance Company PICO for the first half of 2016, Net profit after tax of the period reached 939,671 USD Compared with Net profit after tax 273,921 USD for 2015, a net increase in profit of 243.04%.Total assets of the company reached 34,709,953 USD compared with total assets of 33,788,069 USD at the end of year 2015, a net increase of 2.73%.Total liabilities of the company reached 27,959,384 USD compared with total liabilities of 28,014,090 USD at the end of year 2015, a net decrease of 0.19%. Net ownership equity of the company reached 6,750,569 USD compared with total owner equity of 5,773,979 USD at the end of year 2015, a net increase of 16.91%.


Scarce liquidity in the PEX and 3G mobile networks in the West Bank by the end of January

launching 3G mobile networks in the west bank by the end of January

Relative quietness in the PEX with the increasing anticipation for the annual disclosures

WATANIYA discusses raising its paid-up capital to $293 million

The PEX opens the year 2018 in optimism

The PEX modifies AL-Quds Index composition for the year 2018



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