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WASSEL posts net income of $0.11 million at the end of 2016


According to the financial statements of the Palestinian Company for Distribution and Logistics Services WASSEL for the year 2016, Net profit after tax of the period reached 107,807 USD Compared with Net Loss after tax (582,468) USD for 2015.Total assets of the company reached 11,860,833 USD compared with total assets of 28,972,184 USD at the end of year 2015, a net decrease of 59.06%.Total liabilities of the company reached 4,460,817 USD compared with total liabilities of 18,781,656 USD at the end of year 2015, a net decrease of 76.24%. Net ownership equity of the company reached 7,400,016 USD (Including Non-Controlling Interests of -62,312 USD) compared with total owner equity of 10,190,528 USD (Including Non-Controlling Interests of 2,832,909 USD) at the end of year 2015, a net decrease of 27.38%.


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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