Palestine Hotel (HPAL)

General Information

Company Name Palestine Hotel (HPAL)

Company Purpose Palestine Hotel is a public company, listed on Iraq Stock Exchange since July 2004. It operates within the consumer services sector focusing on hotels, resorts & cruise lines. Palestine Hotel is based in Baghdad, Iraq and was established in October 1989.

Company Establish Date 08 October 1989

Financial Year Start First Quarter

Auditor

• Board of Supreme Audit

Ownership

• Iraqi Airways (49.08%)
• Sama Babel Aviation Company (7.073%)
• Mansour Hotel (3.30%)
• Gulf Commercial Bank (2.029%)
• Upper Gulf Investment Company (1.0302%)
• Yadkar Lebanese Iraqi Company off Shore (0.7626%)
• Tourism Authority - Iraq (0.0493%)
• Al Kidwa for Mediateing in the Sale and Purchase of Securities (0.0023%)
• شركة البادية للإستثمارات السياحية (0.0002%)
• Al Waseet for Investments (0.0002%)
• Upper East for Renewable Technologies (0.0002%)
• El Badia Insurance (0.0002%)
• Al Rashed for Advertising Services Co (0.0001%)
• Al Janabi Group for Trading and Contracting (0.0001%)

Management

Subsidiaries

• Mansour Hotel (0.5977%)
• Gulf Commercial Bank (0.3933%)
• Al Sadeer Hotel (0.2793%)
• Iraq Middle East Investment Bank (0.2377%)
• Ishtar Hotels (0.1837%)
• Sinbad Tourist Island (0.104%)
• Baghdad Hotel (0.0823%)
• Dar Es Salaam Investment Bank (0.0304%)
• Iraqi Land Transport Co (0.0071%)

Contacts