The organisation is capitalised at $250m and aims to attract investment in the Palestinian economy. Palestine Investment and Development Ltd (PADICO) mission statement is here.
RAMALLAH (AFP) -- Palestinian investment firm PADICO announced Tuesday the first issue of corporate bonds in the Palestinian territories worth $70 million.
At a press conference in Ramallah, PADICO said it was issuing 7,000 five-year bonds, which will be privately placed and neither traded nor listed on the Palestinian stock exchange. more
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