Padico Holding

News and press releases

News and Press Releases

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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...

PADICO rebuilds destroyed facilities in Gaza Industrial Estate

Bashar Masri: “I salute the workers and investors who defy the blockade of Gaza.” Gaza, 17/01/2023 Bashar Masri visited Gaza Industrial Estate for the latest business developments in the...

PADICO Holding disclosed its profits for the third quarter of 2022

Rawabi, 14/11/2022 PADICO Holding reported its business results and consolidated financial statements until the end of the third quarter of 2022. Financial results showed a growth in net profits of...

PADICO profits 12.8 million dollars for the first half of 2022

14 August 2022   PADICO Holding disclosed its business results and consolidated financial statements for the first half of 2022. The Company achieved profits of $12.8 million compared to $12.7 million...

Signing an agreement to build destroyed facilities in Gaza Industrial City

Masri: “Our youth are the basis for building the nation and the real capital that we are proud of.” Gaza 25 May 2022 In the presence of the Chairman of PADICO Board of Directors (BoD) Bashar Masri and...

The largest share purchase transaction in the history of the Palestine Exchange

Masri: The decision to buy PADICO’s shares achieves significant gains for its shareholders Rawabi, 23 May 2022  In a transaction, which is the largest in the history of the Palestine Exchange, PADICO...