Top Palestinian Territories News

  • IMF cuts growth forecasts


    On 24 January 2012, the IMF cut its forecasts for global growth and warned of a deeper downturn worldwide if Europe does not take stronger action to stem its debt crisis. The global economy will now expand 3.3% y-o-y in 2012, down from 3.8% in 2011 (IMF's September forecast estimated a growth of 4.0% y-o-y in 2012), and warned that that it could drop as low as 1.3% y-o-y if Europe's problems persist. Press Release - 03Feb 11:56GMT
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  • MIGA insures national beverage company's expansion in the Gaza Strip


    The Multilateral Investment Guarantee Agency (MIGA) announced today it is supporting much-needed private sector investment in the Gaza Strip by providing investment guarantees to the National Beverage Company (NBC) for the expansion of its operations in the territory. Press Release - 03Feb 10:51GMT
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  • Minister of energy in Jordan, Palestinian counterpart discuss cooperation


    Minister of Energy and Mineral Resources Qutaybeh Abu Qurah met with Palestinian counterpart Omar Katana and discussed scopes of cooperation between Jordan two countries in various energy- related fields. Jordan News Agency - Petra - 03Feb 10:08GMT
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  • Hamas office to remain in Syria: Haniyah


    Deposed Palestinian Prime Minister and prominent leader of Hamas, Ismail Haniyah has ruled out the possibility of shifting Hamas' political office from Syria, following the turmoil in the country. The Peninsula - 03Feb 08:41GMT
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  • PMHC preliminary year-end financial statements for 2011


    The Palestine Exchange (PEX) received consolidated unaudited year-end preliminary financial statements from Palestine Mortgage & Housing Corporation ( PMHC). Press Release - 02Feb 14:43GMT
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  • Middle East injects $180bn into 113 new power, water, energy projects


    New power, water, and energy projects valued at US$180 billion are underway or at the planning stages in the Middle East, as the UAE forges ahead with 20 projects worth US$34.2 billion. Press Release - 02Feb 10:06GMT
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  • Jordanian Islamists, Hamas avoided contacts in Amman 'to signal separate ways'


    Amidst the publicity surrounding His Majesty King Abdullah's reception of Khaled Mishaal this week, the meetings which have garnered the most scrutiny during the Hamas leader's first official visit to the country in over a decade were the ones that had never been arranged. Jordan Times - 02Feb 07:45GMT
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  • Mideast carriers record 11.1% growth in demand in Dec 2


    Middle Eastern airlines recorded the strongest year-on-year growth in passenger demand for the third consecutive month in December, according to the International Air Transport Association (IATA). Khaleej Times - 02Feb 06:57GMT
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  • ME rail projects on fast track


    The Middle East and North Africa region is currently one of the world's fastest growing markets for rail networks and the development plans for the next 10 years will change the business landscape of the region. Khaleej Times - 02Feb 06:48GMT
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  • Mideast airlines' expansion slows


    Middle Eastern carriers' traffic growth and expansion slowed down last year hurt by cut-throat competition on the regional routes, according to the International Air Transport Association (Iata) figures released on Wednesday. Emirates 24|7 - 02Feb 06:26GMT
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Zawya Select
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Projects
Top 25 transportation projects
The Middle East's transportation needs are going to grow threefold over the next few decades. Here's a list of the 25 major transportation projects that will transform the region but also make demands on its energy supplies.
 

 
Bonds
The unnoticed little brother
The MENA bonds market is active, volatile and liquid. But it's still overshadowed by equity, Bassel Barbir, senior trader on the fixed income desk at MENA Invest Lebanon, tells Zawya in an interview.
 

 
Funds
Launches, AUM shrink
Fewer mutual funds were launched in the MENA region in 2011 compared to the previous year, with equity-oriented funds continuing to maintain the leadership, writes Sarah El Jamal, research analyst at Zawya.
 
 
Companies in Palestine
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| No. of Employees | Total revenue
  Company Country Number
of
Employees
1 Bank of Palestine Palestinian Territories 1,100
2 Birzeit University Palestinian Territories 881
3 Palestine Cellular Communications Company Palestinian Territories 866
4 Palestinian Airlines Palestinian Territories 450
5 Wataniya Palestine Mobile Telecommunications Company Palestinian Territories 370
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