Partnering During Crisis: the Shared Value of Partnerships Between Mobile Network Operators and Humanitarian Organisations
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ANNUAL REPORT Annual Report Index
ANNUAL REPORT Annual Report Index 11 About PIF Message from the 12 Governance President of the State of Palestine 04 14 Board of Directors 18 General Assembly Chairman’s Message 22 Investment Portfolios 06 56 Palestine for Development Foundation 60 Financial Statements Palestine Investment Fund 4 Annual Report 2016 5 The last 10 years bear witness to PIF’s re- markable growth and its role in building the foundations of an independent national econ- omy for the independent Palestinian state. In 2016, PIF delivered another year of stellar per- formance, which included laying the cornerstone for the Palestine Cement Plant, inaugurating the Jenin Power Plant, implementing youth employ- ment programs, as well as achieving remarkable progress in the fields of health, agriculture, small and medium enterprises, real estate and renewable energy, and others. PIF is a source of pride for all Palestinians, with its commitment to the highest levels of integrity, trans- parency and good governance. I cannot but express my sincere appreciation to PIF, represented by its Chairman, members of the Board of Directors and General Assembly, executive manage- ment and staff. I wish PIF continued success in its efforts to build the economy of an independent Palestinian state with Jerusalem as its capital. Yours, Mahmoud Abbas President of the State of Palestine Palestine Investment Fund 6 Annual Report 2016 7 Chairman’s Message Dr. Mohammad Mustafa Chairman of the Board The Palestinian economy remains stunted by the Israeli occupation and its unjust policies. Rampant settlement expansion, restricted access to our natural resources, and restricting the freedom of movement Al Bireh, Qalqilia and Tubas to construct solar power empowerment of JDECO as it is the largest operating of people and goods have left the Palestinian economy in a fragile state. -
Developing a Business Performance Management Model for Paltel Group - Palestine
An-Najah National University Faculty of Graduate Studies Developing A Business Performance Management Model For Paltel Group - Palestine By Ahmad Hasan Maharma Supervisor Dr. Yahya Saleh This Thesis is Submitted in Partial Fulfillment of the Requirements for the Degree of Master in Engineering Management, Faculty of Graduate Studies, An-Najah National University, Nablus-Palestine 2014 iii Acknowledgement First and foremost I offer my sincere gratitude to my supervisor, Dr. Yahya Saleh, who has supported me throughout my thesis with his patience and knowledge. I attribute the level of my Master degree to his encouragement and without him this thesis would not have been completed or written. I would like to thank the thesis examiner committee members: Dr. Yahya Saleh, Dr. Abdelbaset Rabaiah, and Dr. Sameh Atout, for their time, insightful comments, and valuable questions which highly contribute thesis quality. Also, I would like to thank the faculty at An-Najah National University in general and department of Engineering Management in specific for the full support and facilities I have needed to produce and complete my thesis. My greatest appreciation goes to Paltel Group for the outstanding support and amenities to accomplish this research. The success of this study required the help of various individuals. Without them, the researcher might not be able to meet their objectives in this study. The researcher want to give gratitude to the following people for their invaluable help and support, my father and mother, brothers Mohammad, Khaled, Belal, my sisters, and my friends. I gratefully acknowledge Mais as she inspires me and bright my world. -
The Occupied Palestinian Territory: an Employment Diagnostic Studypdf
International Labour Organization THE OCCUPIED PALESTINIAN TERRITORY AN EMPLOYMENT DIAGNOSTIC STUDY REGIONAL OFFICE FOR ARAB STATES THE OCCUPIED PALESTINIAN TERRITORY AN EMPLOYMENT DIAGNOSTIC STUDY REGIONAL OFFICE FOR ARAB STATES Copyright © International Labour Organization 2018 First published 2018 Publications of the International Labour Office enjoy copyright under Protocol 2 of the Universal Copyright Convention. Nevertheless, short excerpts from them may be reproduced without authorization, on condition that the source is indicated. For rights of reproduction or translation, application should be made to ILO Publications (Rights and Licensing), International Labour Office, CH-1211 Geneva 22, Switzerland, or by email: [email protected]. The International Labour Office welcomes such applications. Libraries, institutions and other users registered with reproduction rights organizations may make copies in accordance with the licences issued to them for this purpose. Visit www.ifrro.org to find the reproduction rights organization in your country. The Occupied Palestinian Territory: An Employment Diagnostic Study / International Labour Organization, Regional Office for Arab States. - Beirut: ILO, 2018. ISBN 9789221313953 (print) ISBN 9789221313960 (web pdf) ILO Regional Office for Arab States The designations employed in ILO publications, which are in conformity with United Nations practice, and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the International Labour Office concerning the legal status of any country, area or territory or of its authorities, or concerning the delimitation of its frontiers. The responsibility for opinions expressed in signed articles, studies and other contributions rests solely with their authors, and publication does not constitute an endorsement by the International Labour Office of the opinions expressed in them. -
Benchmarking West Bank & Gaza
42987 World Bank Public Disclosure Authorized WEST BANK AND GAZA TELECOMMUNICATIONS SECTOR NOTE Public Disclosure Authorized INTRODUCING COMPETITION IN THE PALESTINIAN TELECOMMUNICATIONS SECTOR January 2008 Public Disclosure Authorized Policy Division Global Information Communications Technology Department Public Disclosure Authorized - CONTENTS ACKNOWLEDGMENTS ............................................................................. ii ABBREVIATIONS AND ACRONYMS.......................................................... iii EXECUTIVE SUMMARY .......................................................................... iv INTRODUCTION ....................................................................................... 1 SECTOR OVERVIEW ................................................................................ 1 Overall Context of the Sector................................................................................. 1 Sector Structure ..................................................................................................... 2 Market Dominance ................................................................................................ 5 Unauthorized Competition .................................................................................... 6 TELECOMMUNICATIONS SECTOR IN COMPARATIVE PERSPECTIVE .......... 8 POLICY RECOMMENDATIONS ................................................................ 11 Issue: Market Dominance ................................................................................... -
Alphamena Research
Palestine Telecommunications Telecoms / Palestine Document generated on the 20/10/2017 Strong...but under harsh lansdscape KEY DATA 12/15A 12/16A 12/17E 12/18E 12/19E Adjusted P/E (x) 7.80 7.83 9.24 8.98 8.71 Dividend yield (%) 9.02 8.31 8.66 8.66 8.66 EV/EBITDA(R) (x) 2.90 2.38 3.44 3.32 3.20 Adjusted EPS (JOD) 0.64 0.61 0.50 0.51 0.53 Upside potential : 44.3% Buy - Under Review - Growth in EPS (%) -2.79 -3.99 -18.7 2.91 3.15 Target Price (6 months) 6.67 Dividend (JOD) 0.45 0.40 0.40 0.40 0.40 Share Price JOD 4.62 Sales (JODM) 332 332 335 338 341 Market Capitalisation JODM 608 Pretax Results margin (%) 28.2 27.4 24.7 25.2 25.6 Price Momentum NEGATIVE Attributable net profit (JODM) 83.1 80.1 65.8 67.7 69.8 Extremes 12Months 4.41 4.81 ROE (after tax) (%) 15.6 14.6 11.6 11.5 11.3 Bloomberg ticker PALTEL PS Gearing (%) -1.60 -12.4 -5.12 5.78 3.97 Last forecasts updated on the 27/09/2017 Values Benchmarks Upside Weight (JOD) DCF 7.69 66% 35% NAV/SOTP per share 6.46 40% 20% EV/Ebitda Peers 5.69 23% 20% P/E Peers 5.60 21% 10% Dividend Yield Peers 5.79 25% 10% P/Book Peers 8.08 75% 5% TARGET PRICE 6.67 44% 100% Conflicts of interest Corporate broking NO Trading in corporate shares NO Analyst ownership NO Advising of corporate (strategy, marketing, debt, etc) NO Research paid for by corporate NO Provision of corporate access paid for by corporate NO Link between AlphaMena and a banking entity NO Analyst Brokerage activity at AlphaMena NO Myriam CHAABOUNI [email protected] Client of AlphaValue Research NO @ www.alphamena.org +216 31 366 360 [email protected] Contract research, paid for by the above corporate entity. -
Financial Inclusion Diagnostic Study in Jordan 2017
Financial Inclusion Diagnostic Study in Jordan 2017, Synthesis Report © 2017 Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and Central Bank of Jordan A2mman, Jordan | December, 2017 As a federally owned enterprise, GIZ supports the German Government in achieving its objectives in the field of international cooperation for sustainable development. The program “Promotion of the Microfinance Sector in the MENA Region” / “Promot- ing financial inclusion through improved governance and outreach of Microfinance in Jordan” is carried out by GIZ with funding by the European Union (EU) and by the German Federal Ministry for Economic Cooperation and Development (BMZ). The views expressed here do not necessarily reflect the official opinion of the EU or BMZ. Published by: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH Marouf Al Rasafi Street, Building 19, Shmeisani P.O. Box 92 62 38, Amman 11190, Jordan T: +962 6 5692153 E: [email protected] I: http://microfinance-mena.org Central Bank of Jordan (CBJ) King Al Hussein Street 60 P.O. Box 37, Amman 11118, Jordan T: +962 6 4630301 E: [email protected] I: http://www.cbj.gov.jo Produced by: Business & Finance Consulting Max-Högger-Strasse 6 8048 Zurich, Switzerland T: +41 44 784 22 22 E: [email protected] I: http://www.bfconsulting.com Responsible: H.E. Dr. Maher Sheikh Hasan (Deputy Governor, CBJ), Hayder Al-Bagdadi (Head of Project, GIZ), Bilal Yan Hagen (Team Lead, GIZ) Authors: Peter Hauser, Dan Pavelesku, Artur Vacarciuc (Business & Finance Consulting) Support: Amr Ahmad (CBJ), Atilla Kaiser-Yücel (GIZ) Reviews: Maha Al Abdallat, Aktham Abuassi, Mohammed Amaireh, Maha Bahou, Haneen Al Muhaissen, Dr. -
Annual Report 2017
ANNUAL REPORT PADICO HOLDING ANNUAL Palestine Development and Investment, Ltd. REPORT Foreign, limited, public shareholding limited Liability Company, registered in the Republic of Liberia Under the Liberian Business Law of 1977 Years of success Contents About PADICO HOLDING 6 FUTURE VISION 40 42 PADICO HOLDING: 8 Social Responsibility Twenty-three years of investment in Palestine Financial Performance in 2017 48 Board of Directors 10 Key Financial Indicators 54 Shareholder 15 Performance of PADICO HOLDING share 56 The Chairman Message 18 Auditors’ Report and Consolidated 58 Performance Summary of Investment 20 Financial Statements About PADICO HOLDING Our Values and Mission Our Strategy PADICO HOLDING believes in the importance of PADICO HOLDING is committed to developing its role and contribution in building the Palestinian the Palestinian economy through a group of PADICO HOLDING Company was established in 1993 as a foreign limited liability economy. It has several leading companies that subsidiaries and affiliates that invest in key sectors holding company registered in Liberia at the initiative of prominent Palestinian and contribute to the economic development of Palestine constant with the company’s overall strategy, Arab businesspersons with the aim of contributing to the building and development by implementing investment projects in various including real estate, communications, tourism, of the Palestinian economy by establishing development projects in vital economic economic sectors, creating jobs and launching industry, agriculture, the environment and financial creative economic initiatives in partnership with services. PADICO HOLDING’s ability to generate sectors. public sector institutions. Moreover, attracting local profits depends mainly on the performance of its and international investors and encouraging them subsidiaries and affiliates. -
Paltel Group Foundation for Community Development
Paltel Group Foundation for Community Development Since 2005, Paltel Group has established a corporate social responsibility strategy, as a direct response to the growing needs of the Palestinian society. Paltel Group implements a variety of income generating projects, focusing on various forms of youth empowerment by providing equal opportunities to all segments of society in education by promoting a knowledge-based society through encouraging entrepreneurship and identifying role models to inspire future generations of Palestinians. PALTEL GROUP 73 Education Strategic Objective: To improve the enrollment of students in universities and vocational institutes into the fields that are mostly needed by the market and to promote the use of modern technology in school education Inputs Scholarships Program Ifad Program Other Educational Programs Results & Findings Brief of major achievements of Code for Palestine program Since the inception of this program, the total number of beneficiary students has reached 4800 students, including 86 scholarships for orphans in shelters, and 56 scholarships for students with disabilities. The total number of Paltel Group Alumni Association has reached 498 members after the graduation of 152 new students by the end of the academic year 2017/2018. The total number of Paltel Group scholarship graduates of different majors were 592 students. The percentage of female beneficiaries has been 57% while the percentage of male beneficiaries has been 43%. The education sector is seen as a necessary building block for running the Palestinian economy, as Paltel Group has exerted huge endeavors and has been working intensively to support the education sector at all levels as part of its belief that education is a core component of the overall and sustainable development process. -
Cyber Colonialism and Palestinian Resistance
INTIFADA 3.0? CYBER COLONIALISM AND PALESTINIAN RESISTANCE By Helga Tawil-Souri and Miriyam Aouragh Following in the footsteps of international organizations, including the United Nations, the Internet Corporation for Assigned Names and Numbers, and the International Telecommunications Union, on 2 May 2013, Google replaced the words “Palestinian Territories” with “Palestine” on all of its sites and products. Israeli deputy foreign minister Ze’ev Elkin immediately sent a letter to Google’s CEO urging him to reconsider the decision that “in essence recogniz[es] the existence of a Palestinian state.”1 It was not the first time that an Israeli official took issue with “Palestine” emerging as a recognized entity in the virtual world. In 1998, for example, Ariel Sharon, then foreign minister, personally lobbied the International Telecommunications Union (ITU) against its decision to award Palestinians an international telephone code. He claimed, in terms echoed fifteen years later in the Google com- motion, that Palestine is “not a territorial or geopolitical entity,” and that Helga Tawil-Souri is an Associate Professor in the Department of Media, Culture, and Communication at New York University. Miriyam Aouragh is a Leverhulme Fellow at the Communication and Media Research Institute, University of Westminster in London. 102 the “insistence upon the illegitimate use of the term ‘Palestine’ is liable to unfairly prejudice the outcome of . negotiations [at the time].”2 Palestine “exists” on Google and increasingly in various other “virtual” ways. But are “Palestine” on Google or the acquisition of the google.ps domain name in 2009 examples of political resistance on the internet? For Palestinian politicians, virtual presence has historical significance. -
Digital Finance Country Report Jordan
ANDREW MOORE / FLICKR DIGITAL FINANCE COUNTRY REPORT JORDAN DISCLAIMER: The USAID local enterprise support (LENS) project is funded by the United States Agency for International Development (USAID) and implemented by FHI 360. This report is made possible by the generous support of the American people through the United States Agency for International Development (USAID). The contents are the responsibility of MEDA and do not necessarily reflect the views of USAID or the United States. ACKNOWLEGDEMENTS USAID Jordan Local Enterprise Support Project (LENS) would like to acknowledge the strong support of all key informants Interviewees Annex 2.This report was drafted by Peter Nzebile and Davy Denadi. Further, reviews from Chris Statham and Caroline Averch (USAID LENS) and Imad Aloyoun (Dinarak) were invaluable. This document has been produced with the financial assistance of USAID LENS. The views expressed herein can in no way be taken to reflect the official opinion of USAID. 1 | DIGITAL FINANCE COUNTRY REPORT- JORDAN TABLE OF CONTENTS TABLE OF CONTENTS ............................................................................................................. 1 TABLE OF TABLES .................................................................................................................... 3 TABLE OF FIGURES .................................................................................................................. 3 LIST OF ABBREVIATIONS AND ACRONYMS .......................................................................... 3 -
PALTEL Telecoms / Palestine
PALTEL Telecoms / Palestine Document generated on the 06/06/2018 Strong...but under harsh lansdscape KEY DATA 12/16A 12/17A 12/18E 12/19E 12/20E Adjusted P/E (x) 7.01 7.52 7.42 7.22 7.02 Dividend yield (%) 9.28 9.42 9.24 9.24 9.24 EV/EBITDA(R) (x) 1.92 2.80 3.08 3.05 3.01 Adjusted EPS (JOD) 0.61 0.57 0.58 0.60 0.62 Upside potential : 57.7% Buy Growth in EPS (%) -3.99 -8.04 3.22 2.89 2.73 Target Price (6 months) 6.83 Dividend (JOD) 0.40 0.40 0.40 0.40 0.40 Share Price JOD 4.33 Sales (JODM) 332 335 338 342 347 Market Capitalisation JODM 570 Pretax Results margin (%) 27.4 22.5 26.7 27.1 27.4 Price Momentum STRONG Attributable net profit (JODM) 80.1 70.5 76.8 79.0 81.1 Extremes 12Months 4.12 4.44 ROE (after tax) (%) 14.6 12.6 13.3 13.1 12.9 Bloomberg ticker PALTEL PS Gearing (%) -12.4 -4.39 10.7 11.6 9.06 Last forecasts updated on the 06/06/2018 Values Benchmarks Upside Weight (JOD) DCF 7.83 81% 35% NAV/SOTP per share 6.28 45% 20% EV/Ebitda Peers 5.91 37% 20% P/E Peers 6.40 48% 10% Dividend Yield Peers 5.98 38% 10% P/Book Peers 8.21 90% 5% TARGET PRICE 6.83 58% 100% Conflicts of interest Corporate broking NO Trading in corporate shares NO Analyst ownership NO Advising of corporate (strategy, marketing, debt, etc) NO Research paid for by corporate NO Provision of corporate access paid for by corporate NO Link between AlphaMena and a banking entity NO Analyst Brokerage activity at AlphaMena NO Myriam CHAABOUNI [email protected] Client of AlphaValue Research NO @ www.alphamena.org +216 31 366 360 [email protected] Contract research, paid for by the above corporate entity. -
General Terms Vertex Market Has Various Language Versions of the Terms & Conditions
2020/11/9 Terms & Conditions Terms & Conditions General Terms Vertex market has various language versions of the Terms & Conditions. The english (link to version) version is the binding and most updated one. In this document, the terms "Vertex", "Vertex Market", "Vertex.Market" are identical and belong to Vertex Market Ltd. These Website Standard Terms and Conditions written on this webpage shall manage your use of our website, Vertex.Market accessible at https://www.vertex.market and all underlying subdomains. These Terms will be applied fully and aect to your use of this Website. By using this Website, you agreed to accept all terms and conditions written in here. You must not use this Website if you disagree with any of these Website Standard Terms and Conditions. Minors or people below 18 years old are not allowed to use this Website. Intellectual Property Rights Other than the content you own, under these Terms, Vertex Market Ltd and/or its licensors own all the intellectual property rights and materials contained in this Website. You are granted limited license only for purposes of viewing the material contained on this Website. Restrictions You are specically restricted from all of the following: 1. publishing any Website material in any other media; 2. selling, sublicensing and/or otherwise commercializing any Website material; 3. publicly performing and/or showing any Website material; 4. using this Website in any way that is or may be damaging to this Website; 5. using this Website in any way that impacts user access to this Website; 6. using this Website contrary to applicable laws and regulations, or in any way may cause harm to the Website, or to any person or business entity; 7.