July 2015


Main reports: The PNA Ministry of Public Works and Housing announced the official commencement of a new “residential” stream under the Gaza Reconstruction Mechanism, aimed at enabling access to construction materials by families whose homes were completely destroyed during the 2014 war.

The Palestine Investment Fund recently announced plans to launch a $200m fund to invest in the development of solar energy utilities in Palestine.

The PMA and the Swiss- based global company BPC Banking Technologies announced the launch of the “National Switch of Palestine”, a country-wide electronic payments system.

The Korea International Cooperation Agency signed agreements with Palestinian Ministries to support IT start-ups with $7m in grants.