News and press releases

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...

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...

“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)...

“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)...

Rawabi, 27/11/2023 Palestine Development and Investment Company (PADICO) disclosed its year-to-date financial results ending in the third quarter 2023, where the company achieved a net profit...

Gaza, 21/9/2023 The Chairman of PADICO Holding, Bashar Masri, announced a Gaza new solar energy project for generating electricity from solar energy in the city of Gaza. This announcement took place...

Gaza, 18/9/2023 A West Bank delegation of 50 business people and influential figures visited PADICO Holding’s Gaza Industrial Estate (GIE). The delegation toured the GIE, exploring its...

Rawabi, 13/9/2023   Palestine Development and Investment Company Limited (PADICO) announced the appointment of Nimer Abdul Wahed as the new Chief Financial Officer (CFO) succeeding Amjad Hassoun, who...

Rawabi, 15/08/2023 Palestine Development and Investment Company (PADICO) disclosed its financial results and financial statements for the first half of 2023, where the company achieved a net profit...