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Palestine Development and Investment (PADICO)

Last update: 11 July 11:58 AM market time.
1.05
0.05
5.00%
Open 1.05
Previous Close 1.00
High 1.05
Low 1.05
Stock Statistics
Volume 91,000
Turnover 95,550.00
All data are 15 minutes late during market session

General Information

Company Name Palestine Development and Investment (PADICO)
Company Purpose Palestine Development and Investment, Ltd. (PADICO HOLDING) was founded in 1993 as a foreign public shareholding limited Liability Company, registered in the Republic of Liberia. PADICO is vigorous make of high-profile Palestinian and Arab businessmen. This initiative vehemently aimed at contributing to building the Palestinian economy through the implementation of a diversity of developmental projects in vital economic sectors. PADICO HOLDING paid-in capital is 250 million shares, with a nominal value of one USD per share, and is traded on The Palestine Exchange (PEX) since 1997.
Company Establish Date 14 October 1993
Financial Year Start First Quarter
Auditor
  • Ernst and Young - Palestine

Ownership

  • Rowan International Investments (19.39%)
  • Palestine Telecommunications (16.91%)
  • Massar Internationa (15.80%)
  • Sabih Taher Darwish Al Masri (12.50%)
  • Saraj for Investment Funds Group (6.50%)
  • Palestine Real Estate Investment Co (0.484%)
  • Palestine for Technology Transfer (0.06%)
  • Palestine Insurance (0.0048%)
  • Jerusalem Cigarette Co Ltd (0.0011%)
  • Sahm Company (NA)

Management

Abdullah Elias Abdullah Sabat CEO
Sabih Taher Darwish Al Masri Board Members
Yazid Adnan Al Mufti Board Members Represents Cairo Amman Bank - Jordan
Gamal Sedky Sadek Al Horany Board Members Represents Arab Bank PLC
Nidal Mounir Reda Sukhtian Board Members Represents Al Nawah for Investment Co
Khaled Walid Haidar Antabawy Board Members Represents Palestine Telecommunications
Ruba Masrouji Board Members Represents Palestine for Technology Transfer
Tamer Pransi Board Members Represents Massar Internationa

Subsidiaries

  • Quds Construction and Investment (100.00%)
  • Palestine General Trading (100.00%)
  • Palestine for Technology Transfer (100.00%)
  • PADICO Services (100.00%)
  • Al Rasheed Group for Investment and Real Estate Development Co. (100.00%)
  • Rowan International Investments (100.00%)
  • Palestine for Basic Chemical Materials (100.00%)
  • Palestine for Packing and Canning (100.00%)
  • Palestine Development and Investment Co Private Shareholding (100.00%)
  • Tyco Trade & Investment (100.00%)
  • Palestinian Waste Recycling (100.00%)
  • The First Specialized Leisure Co (99.10%)
  • Quds Tourism Investment (95.24%)
  • Palestine Real Estate Investment Co (81.46%)
  • Palestine Securities Exchange (75.26%)
  • Nakheel Palestine for Agricultural Investment Co (60.00%)
  • Palestine Industrial Investment Co (55.7524%)
  • Elia View Tourism Investment Co (50.00%)
  • Arkaan Real Estate Co (32.40%)
  • Palestine Telecommunications (32.18%)
  • Jericho Gate for Real Estate Investment (25.00%)
  • Al Kobraa Waste Recycling Co (25.00%)
  • Palestine Power Generating Co (20.00%)
  • Jordan Vegetable Oil Industries (16.997%)
  • Vtel Holdings Ltd (10.13%)
  • Palestine Poultry Co Ltd (9.44%)
  • Palestine Power Co Ltd (9.10%)
  • Palestine Plastic Industries Co Ltd (4.13%)
  • Arab Bank PLC (1.125%)

Contacts

Address P.O.Box: 666 Rawabi
Phone +970 2 2948222
Fax +970 2 2948223
Website www.padico.com
Contact Person