October 2016


Main reports: The Palestine Investment Fund (PIF), the Palestinian National Authority’s (PNA) sovereign wealth fund, launched the development of Palestine’s first cement factory, on 1 October.

Palestinian president Mahmoud Abbas signed an amended version of the Palestinian Social Security Act on 29 September.

Ms. Abeer Odeh, Minister of National Economy, announced that in 2017 the Ministry will launch four Technology and Innovation Support Centers in cooperation with the World Intellectual Property Organization (WIPO).

On 24 September, PALTEL Group and Al-Quds University signed a partnership agreement for training university students within PALTEL’s information technology and electrical engineering departments.