September 2014

HEAdlines

Main reports: The World Bank published a report assessing the investment climate in Palestine during 2013. Empirical results indicate that political instability remains the key obstacle to growth in the Palestinian economy.

The second quarter of 2014 showed remarkable performance by Palestinian hotels, which attracted 35% more guests than in Q2 2013. The number of guest nights increased by 31% over the same period.

In June 2014, total exports of goods from Palestine amounted to $74.5m (up by 4.8% from June 2013), while imports reached $460m (+18.2%). Trade deficit stood at $385.5m.

Aggregated net profits of Palestinian listed companies reached $136.7m in the first half of 2014, up by 13.6% from H1 2013.