Padico Holding

News and press releases

News and Press Releases

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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...

The General Assembly of PADICO holds its annual 27th meeting

Masri: We are determined to continue developing our economy Rawabi, 11 May 2022  The General Assembly of Palestine Development and Investment Company Ltd (PADICO) held its 27th annual meeting on 11...

PADICO Holding profits $17 million until the end of the third quarter of 2021

Rawabi, 31 October 2021 PADICO Holding announced the results of its performance and financial statements by the end of the third quarter of 2021. The financial results of the company revealed a growth...

The signing of two agreements between PADICO and the Investment Promotion and Industrial Estate Agency (IPIEA)

Operating a solar power plant and adding a new source of water in Jericho Agro-Industrial Park (JAIP) Rawabi, 24 October 2021  The Investment Promotion and Industrial Estate Agency (IPIEA) signed an...

United Nations: Global Climate Action Award for Gaza Solar Energy Project

Rawabi, 23 October 2021  The Gaza Industrial Estate Rooftop Solar Energy Project of Gaza Industrial Estate (GIE), which was established by PADICO Holding, received the United Nations Global Climate...