Padico Holding

News and press releases

News and Press Releases

Section Title

PADICO Successfully Issues $120 Million in Bonds, Fully Subscribed

“Bashar Masri Commends Investors’ Commitment Amid Challenging Conditions” Rawabi, 19/02/2025 Palestine Development and Investment Company (PADICO) has successfully issued five-year bonds...

The Extraordinary General Assembly of PADICO Approves Issuance of $120 Million Loan Bonds

Rawabi, 11/2/2025 The Extraordinary General Assembly of Palestine Development and Investment Ltd. (PADICO) has approved the issuance of loan bonds with a maximum value of $120 million. The proceeds...

PADICO Announces its 2024 Financial Results

Rawabi, 16/02/2024   Palestine Development and Investment Company (PADICO) disclosed its preliminary consolidated financial statements (unaudited) for the fiscal year 2024, where the profits...

In a Strategic Achievement, PADICO Sells Shares Owned by Its Subsidiaries

Rawabi, 15/01/2025 PADICO has announced the completion of transactions to sell 58,571,186 shares owned by its subsidiaries. These transactions were executed today on the Palestine Exchange at the...

PADICO’s Financial Results For The Third Quarter Of 2024

13 November 2024 Rawabi   PADICO disclosed its consolidated financial results and statements until the end of the third quarter of 2024, where profit attributable to the company’s shareholders...

PADICO’s Financial Results for The First Half of 2024

August 14, 2024 Rawabi   PADICO disclosed its consolidated financial results and statements for the first half of 2024, where profit attributable to the company’s shareholders reached $7.2...

PADICO’s Financial Results for The First Quarter of 2024

Rawabi, May 15, 2024 PADICO disclosed its consolidated financial results and statements for the first quarter of 2024, registering a profit attributable to the company’s shareholders at $4.9 million...

PADICO General Assembly Approves Amendments to Its Bylaws

“In Line with the Palestinian New Companies’ Law” Rawabi, 23 April 2024 Palestine Development & Investment Company (PADICO) convened its twenty-ninth annual Ordinary General Assembly Meeting (GAM)...

PADICO Holding Reports its Preliminary Financial Statements for the Year 2023

“Despite the losses, we remain committed to development and investment.”  Bashar Masri Rawabi, 03/03/2024 PADICO Holding disclosed its preliminary consolidated financial statements (unaudited)...