March 2023

HEAdlines

  • On 12 February, the Arab Bank and the Palestinian Telecommunications Group (PALTEL) jointly launched the first “neobank” in Palestine, Reflect
  • Since the start of 2023, there has been an increase in labour union protests demanding improved wages and labour conditions
  • On 23 February, Siniora Food Industries Company signed an agreement with the Saudi Authority for Industrial Estates and Technology Zones (MODON) to establish a chilled and frozen meat factory in Jeddah
  • In February 2023, the Al-Quds index reached 657.6 points on the last day of trading, an increase of 2% from the previous month