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Palestinian Monetary Authority did not accredit the financials of Bank of Palestine

The Palestinian Monetary Authority had notified the Capital Market Authority that the financial results for Bank of Palestine as of 31 Dec 2008 had not been accredited. The PMA indicated in the letter that had been directed to the CMA that the bank"s results are under study, where the PMA demanded the bank for illustrations regarding the sufficiency of the allowances and the profits that susceptive for distribution, noting that the bank did not apply for the CMA approval regarding granting free stock dividends, and further details will be supplied as soon as the results is accredited.


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



Sahem Trading & Investments Company - PEX Member and licensed by PCMA
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