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March 2012

HEAdlines

Main reports: 34 listed companies out of 45 achieved profits during 2011. Total profits before tax exceeded $240m.

The Netherlands will donate a new cargo scanner for the Allenby Bridge crossing which is expected to increase trade volumes by 30%.

Abraaj Capital’s $50m Palestinian Growth Capital Fund achieves first close, making a first investment in the Thimar Agricultural Investment Company.

In Q4 2011 the total number of guests in Palestinian hotels was 137,426, up by 29.5% from Q3 2011.

The Bulletin interviews Ammar Aker, CEO of PalTel.