Sorting by

×
ePalestine.ps - Sam Bahour

News & opinions from a Palestinian-American
living & working in Ramallah/Al-Bireh, Palestine

Business & Economy



Time for Competition to PALTEL (English/Arabic)

The largest and most actively traded public company in Palestine has opened its doors to Israeli ownership. First reported on 24/6/99 in the Israeli newspaper, Ha’aretz, the Peace Technology Fund, better known as the “[Shimon] Peres Fund”, has purchased 3.3% of PALTEL’s shares for $9 Million. Subsequent news articles in the Palestinian press stated that 1.5 Million shares were purchased.