September 2017

HEAdlines

Main reports: The Palestine Monetary Authority Business Cycle Index (PMABCI) deteriorated to -4.3 points in August 2017, from 0.3 points in the previous month.

According to data recently released by the Palestinian Central Bureau of Statistics, the Palestinian trade deficit in goods reached $1,034m in Q2 2017, an increase of 1.6% from Q1 2017.

The Palestine Investment Fund (PIF) announced on 30 August 2017, the commencement of the construction of the Al- Nuaima Solar Power Station in the Jericho and Jordan Valley Governorate.

AppMahal, a Palestinian mobile application developer, completed a $4m Series B financing round led by Siraj Fund Management Company.