Two Weeks After the UN Status Upgrade to Non Member State: The Palestine Exchange (PEX) Ready for the Launch of its 6th Annual Palestinian Capital Market Forum on 11/12/2012
RAMALLAH, Palestine, December 10, 2012 /PRNewswire/ --
International Experts Convene to Discuss Prospects of the Brokerage Industry in Palestine
The PEX 6th Annual Palestinian Capital Market Forum (http://www.facebook.com/PEXForum6 ) will be held in Ramallah, Palestine on 11 December 2012 with the presence of Palestinian Prime Minister Dr. Salam Fayyad, at a time when the country is bracing for new economic horizons after Palestine was elevated to a non member state at the United Nations last November. The Forum has become an annual event providing investors with an insight into the future prospects of Palestine's economy.
The Forum is organized by the Palestine Exchange (PEX), an exchange that faced off many challenging political and economic conditions. With its recognition as an important clearing house for ideas and exchange of best practice, the Forum will bring in for the 6th time, industry leaders from different countries such as Jordan, UAE and US along with Palestinian experts; to analyze market challenges and help develop a strategic path forward for the Brokerage industry in Palestine.
The Palestine Exchange enjoys high transparency and efficiency and has been able to grow the number of listed companies. Today the exchange has 48 listed companies across five different sectors: banking and financial services, insurance, investment, industry and services with a market capitalization of about 2.7 billion USD. With such proof points operationally, investors have been always attracted especially institutional ones who seek out long term rewarding investment. Dividend payout ratios and profit distribution has been also a hall mark of the PEX's listed companies providing investors with a very solid attraction.
The Annual Forum is a major attraction for Palestine's financial and capital markets community. In addition to listed companies, the forum is a meeting place for regulators, Palestine Exchange executives, market analysts, stock brokers and bankers, private and public sector institution and media. Global trends, case studies are benchmarked, and new opportunities are explored.
The Forum will highlight that Palestine has great potential and is "a market for the patient". It will focus on the Brokerage industry as one that can give assurance to investors with indicators of stability and growth, even at times of political and economic turmoil locally and regionally. The message of the Forum is a call to join forces with local and global partners to determine how to capitalize on the potential in Palestine - especially with communication technology advancing further, making the Palestinian market increasingly inter-connected with the globe.
The 6th Annual Palestinian Capital Market Forum is made possible through support from Diamond Sponsors PADICO Holding and Paltel Group, Golden Sponsor The National Bank, and Exclusive Media Sponsors Ellam Tam and PR Newswire.
For more information contact:
Ms. Fida' Musleh/Azar
Manager of Public Relations & Investor Education
Tel: +970 (or 972) 9-2390999
Mobile: +970 (or 972) 599-828-608
Email: fida.azar@pex.ps
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