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PALTEL & PADICO prevents Al-Quds Index decline

2008-06-08

Where Israel claimed for technical reasons, it had delayed the clearing proceeds transfer to the Palestinian national authority that represents more that %60 from the authority income. This caused a delay in salaries disbursement to the PNA employees in the scheduled date that the government had committed with is the first week from every month. The PNA commitment in paying the salaries had constituted a major support to the Palestinian economy, after 16 months of salaries disbursements discontinuity within the previous government. In the meanwhile, PSE vouched quiet transactions where the activity declined by approximately the half versus last week. Al-Quds index closed increasing by less than a quarter of one percentage but still below the level of 700 points that gad penetrated downward before two weeks .Al-Quds index closed at the level of 698.20 points rising by %0.22 affected by the decline of three sectors" indexes and the increase of two sectors.


 

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Medium liquidity in the quarterly disclosures and dividends distribution seasons

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NSC recommends 10% cash dividends for the year 2016

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GUI approves distributing 10% cash dividends for the year 2016

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3G services in 6 months in the West Bank

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2017-04-10
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Dividends approval momentum and a final agreement to run 3G frequencies in the Palestinian markets

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PALTEL approves distributing 40% cash dividends for the year 2016

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PADICO proposes distributing 5% cash dividends for the year 2016

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AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016

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NIC approves 20% cash dividends for the year 2016.

2017-04-02
ISBK approves raising its capital to $69 million and distributing 8.50% cash dividends for the year 2016.

 

 

 
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