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Palestinian Monetary Authority approves distributing $2.8 million of Arab Islamic Bank's profits as stock dividends.


Palestinian Monetary Authority had approved the AIB balance sheet for the year 2007, also had notified the bank with its approval to distribute approximately $2.8 million as free stock dividends. The Authority declared that there is no deterrent to publish the bank"s financial results as of Dec 31, 2007. The Authority approved capitalizing 2,843,951 from the profits and distributes them as stock dividends after considering the necessary procedures. By this, AIB would the first bank that it its financials fort year 2007 had been approved by the PMA.



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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