News and Press Releases

“Despite the losses, we remain committed to development and investment.”  Bashar Masri Rawabi, 03/03/2024 PADICO Holding disclosed its preliminary consolidated financial statements ..

Rawabi, 27/11/2023 Palestine Development and Investment Company (PADICO) disclosed its year-to-date financial results ending in the third quarter 2023, where the company achieved a net profit (attrib..

Gaza, 21/9/2023 The Chairman of PADICO Holding, Bashar Masri, announced a Gaza new solar energy project for generating electricity from solar energy in the city of Gaza. This announcement took place ..

Gaza, 18/9/2023 A West Bank delegation of 50 business people and influential figures visited PADICO Holding’s Gaza Industrial Estate (GIE). The delegation toured the GIE, exploring its facilit..

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 Hassou..

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..

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 previ..

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 (..

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 co..