March 2016

HEAdlines

Main reports: The unemployment rate in Palestine was 25.9% in 2015, down one percentage point from the previous year.

In 2015, 484,000 guests spent 1,420,000 guest nights in hotels in the West Bank and East Jerusalem.

After obtaining regulatory approvals, the Bank of Palestine’s General Assembly approved two strategic banking acquisition deals on 25 March.

The PEX issued its year- end disclosure report for the year 2015 in March. Net profits for PEX listed companies amounted to $273m in 2015, a growth of 22% compared to 2014.