Padico Holding

News and press releases

News and Press Releases

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PADICO Holding Appoints New CFO, Nimer Abdul Wahed

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...

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...