May 2015


Main reports: More than eight months after the end of the Gaza war in the summer of 2014, the subsequent reconstruction works have been much slower than initially expected.

The creation of the Palestine International Business Group (PIBG) was announced during the Palestinian Investor’s Conference in the Homeland and the Diaspora, held in Ramallah on 4-7 May. Led by Palestinian American businessman Farouk Shami, the group secured more than $103m in local and Diaspora investor commitments.

Eight Palestinian universities joined SAP’s University Alliances programme to equip highly qualified graduates with critical business and technology skills.

The Palestine Monetary Authority Business Cycle Index, reflecting the evolution of the business environment in Palestine, showed volatility during the first four months of the year.