Padico Holding

News and press releases

News and Press Releases

Section Title

PADICO Profits $13.9 Million For the First Half of 2023

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 ...

PADICO Holding’s Board of Directors Re-elects Bashar Masri as Chairman

Masri: “The Development of the Palestinian Economy is Our Priority” Rawabi, 23/05/2023 During today’s meeting in Rawabi, PADICO’s Board of Directors re-elects Bashar Masri as its Chairman for ...

PADICO’s New Diverse Board of Directors

Rawabi, 16/5/2023 PADICO Holding announced the formation of a new board of directors for the next four years with the nomination of 10 members. The new Board l consists of founding members from ...

22% Growth in Net Profits for the First Quarter of 2023

Rawabi, 15/05/2023 PADICO disclosed its business results and consolidated financial statements for the first quarter of 2023, with financial results showing a 22% net profit growth of $8.3 million ...

PADICO Holding’s General Assembly Holds its 28th Meeting

Rawabi, May 8, 2023 PADICO Holding’s General Assembly held its twenty-eighth annual meeting with shareholders holding shares The meeting was followed by the election of a new Board of Directors for ...

Abdullah Sabat appointed CEO of PADICO Holding

The Palestine Development and Investment Company (PADICO Holding) has announced the appointment of Abdullah Sabat as CEO during a board meeting held today at the company’s headquarters in ...