Palestine‚Äôs Economy: Is It Ready for Serious Investors?

Padico, a huge holding company in the West Bank whose interests run from telecoms and plastics to hotels and real estate, hit the global headlines in May when it became the first Palestinian company to raise a corporate bond — worth $70 million — in the international markets. Its success is seen as a sign that both private and foreign investment in the territories is about to increase markedly as the prospect of the UN’s recognition of Palestinian statehood looms in September.
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