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Palestine Investment Fund to launch the first investment fund dedicated for Palestine Stock exchange with an initial capital of $50 million soon

2010-05-05

Dr. Mohammad Mustafa, the Chairman of the Board and Chief Executive of the Palestinian Investment Fund Board reported the decision of the board of directors to set up an investment fund dedicated to the Stock Exchange of Palestine with an initial capital of 50 million, up later to reach $100 million. The board made a decision to establish this fund and expected to launch in the third quarter of this year with negotiations with a group of investors for partnership in this fund, and will be open to individuals and institutions from home and abroad, calling in this context, universities, foundations and private companies "to enter in as founders of this fund since the first day”.