Palestine Securities Exchange seeks to attract investors
UAE investors consider strong economic growth potential in Palestine.
May 19, 2010 10:18 by Rasha Reslan
The Palestine Securities Exchange, PSE, hosted a two-day road show to highlight investment opportunities in the region, which the IMF expects will post an economic growth rate of around 7 percent this year, climbing to as much as 10 percent by 2010, TradeArabia reported Wednesday.
Based in the West Bank cities of Nablus and Ramallah, the PSE has 93 listed companies from banking, insurance, investments, industry and services. The PSE is a private shareholding company established in 1996 and maintains no restrictions on foreign investment.
The two-day event was held at the Hotel Intercontinental in Abu Dhabi to attract UAE shareholders to the exchange, and boost the bourse’s international profile.