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Palestine Securities Exchange (PSE) and leading Palestinian listed companies aim to attract investment opportunities during a London Road Show in March 2010

2010-03-17

The Palestine Securities Exchange (PSE) announced its upcoming road show to take place in London on 18-19 March 2010. The road show is a series of high level networking events in cooperation with British counterparties.  The mission is supported by the office of the Quartet Representative, RH Tony Blair and in cooperation with the Portland Trust and the Palestine Britain Business Council (PBBC) in UK.  The road show hopes to expose UK investors, investment funds and fund managers in addition to the business and Palestinian Diaspora community in London to promising investment opportunities in Palestine. The road show comes in partnership with the PALTEL Group. The Palestinian delegation to the UK will be comprised of senior executives from the Palestine Capital Markets Authority (PCMA), PSE member brokerage companies, PSE listed companies, the Palestine Investment Fund (PIF) and The Palestine Investment Promotion Agency (PIPA). The road show will also help unveil investment prospects in Palestine that are not known to UK investors. The PSE Chief Executive Officer, Ahmad Aweidah stressed the importance of the London road show by showcasing the growth rates of the PSE compared to other markets. Aweidah stated that despite the global financial crisis and political instability, listed companies have exhibited healthy growth rates in 2009.  He added " in 2009, the PSE recovered from the impact of the global financial crisis with good performance relative to other MENA countries: The Al-Quds index increased by 11.62% by the end of 2009. Aweidah confirmed that the PSE is financially sound, and well capitalized to maintain a steady business in a volatile world.