Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Resuming trading on PALTEL share … Abu Khadija: the group's financial results is the essential arm for the investor's confidence in PALTEL's share

2009-03-10

Partnership with ZAIN assures the harmony in the strategic visions between PALTEL Group and ZAIN

Ramallah - The Deputy Chief Executive of the Palestinian Telecommunication Group Mr. Kamal Abu Khadija announced resuming the trading on the company"s share in Palestine Securities Exchange yesterday, which coincide with the announcement of the positive results of the overall activities of the group, where net profits was 125.5 million dollars in 2008. Abu Khadija added after the approval of the Assembly upon the recommendation of the Board of Directors to distribute dividends by 40% of the par value of the share, that the company"s profits have contributed to the successive closer relationship with shareholders, which enabled the company to carry out its work in the light of plans to reduce the costs and increase profits and improve performance. Abu Khadija said that the group on the verge of a strategic partnership with the giant group of ZAIN, adding that this partnership is as another testimony that we are proud of and eager to put into effect as soon as the Authority gives its final approval. As the Chairman Mr. Sabeih Al Masri and the Vice-President of the board Dr. Abdel Malik Jaber stated through the Assembly that there is no impediment to the deal except to obtain an official approval within our commitment from the national authority to achieve what is best for this vital sector for the benefit of the national economy. We are confident by the objectiveness and the interest of the Authority in this transaction, and we respect that and that"s why we all are waiting for such approval to reconcile it to the public and officially approve it in an irregular assembly in the near future. In conclusion, Abu Khadija said "This deal is considered crucial in terms of impact on the common and the national economy, which support the efforts of the Palestinian National Authority in attracting foreign investment, we are aware of all these positive consequences locally and regionally that lead us to hope to obtain final approval of the National Authority in the near future.

 


 

2017-05-18
PADICO is higher than its equivalent price and the PMA is planning to issue digital currency

2017-05-16
PADICO approves distributing 5% cash dividends for the year 2016

2017-05-11
The PEX records an average PE of 11.1x in Q1 2017

2017-05-10
Manaseer Cement & Mining Company signs a partnership agreement with Sanad Construction Industries Company

2017-05-09
QUDS approves distributing 12% stocks dividends for the year 2016

2017-05-07
RSR approves distributing 7% cash dividends for the year 2016

2017-05-07
AZIZA approves distributing 18% cash dividends for the year 2016

2017-05-07
PIIC approves distributing 6% cash dividends for the year 2016

2017-05-04
Al-Quds Index increases with the end of the quarterly financial data disclosures’ season

2017-05-03
PIBC approves raising its paid-up capital to $61 million

2017-05-02
RSR reports net income of JD0.094 million in Q1 2017

2017-05-02
WASSEL posts net income of $0.14 million in Q1 2017

2017-05-02
PADICO reports net income of $4.71 million in Q1 2017

2017-05-02
AHC realizes net loss of JD0.53 million in Q1 2017

2017-05-02
ISBK posts net income of $3.04 million in Q1 2017

2017-05-02
BOP reports net income of $12.35 million in Q1 2017

2017-05-02
PID realizes net loss of JD0.01 million in Q1 2017

2017-05-02
BPC records net income of $2.92 million in Q1 2017

2017-05-02
PICO reports net income of $1.00 million in Q1 2017

2017-05-02
MIC posts net income of $0.31 million in Q1 2017

2017-05-02
JCC realizes net loss of JD0.06 million in Q1 2017

2017-05-02
JPH records net income of $1.60 million in Q1 2017

2017-05-02
GMC posts net income of JD0.25 million in Q1 2017

2017-05-02
NSC records net income of JD0.05 million in Q1 2017

2017-05-02
NCI records net income of $0.06 million in Q1 2017

2017-05-02
PRICO realizes net loss of JD0.13 million in Q1 2017

2017-05-02
ABRAJ records net income $0.08 million in Q1 2017

2017-05-02
ELECTRODE reports net income of JD0.01 million in Q1 2017

2017-05-02
PIIC records net income of JD1.70 million in Q1 2017

2017-05-02
LADAEN realizes net loss of JD 0.03 million in Q1 2017

2017-05-02
AZIZA posts net income of JD1.33 million in Q1 2017

2017-05-02
PALTEL records net income of JD18.04 million in Q1 2017

2017-05-02
AQARIYA posts net income of JD0.24 million in Q1 2017

2017-05-02
GUI reports income of $0.87 million in Q1 2017

2017-05-02
NIC posts net income of $1.54 million in Q1 2017

2017-05-02
TRUST reports net income of $1.74 million in Q1 2017

2017-05-02
TIC records net income of $0.82 million in Q1 2017

2017-05-02
QUDS posts net income of $3.94 million in Q1 2017

2017-05-02
ARAB records net income of JD0.029 million in Q1 2017

2017-05-02
PIBC posts net income of $0.98 million in Q1 2017

2017-05-02
PALAQAR reports net income of JD0.025 million in Q1 2017

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013