FEAS Yearbook FEAS Yearbook 2022 | Page 74

Palestine Exchange

The Federation of Euro-Asian Stock Exchanges

Market Future Development

• Launch PEX new website.

• Conclude the development of PEX CSD system, developed in-house.

• The implementation of “X-Stream” trading platform.

• Introducing new products as per market needs.

• List new family business companies

About Company

Established: 1995

Address: Nablus /Rafidya-Asal building -7th Floor

Working hours: 08:00 -15:30

Contact Name: Zakia Naser Hanani

Email: [email protected]

Website: www.pex.ps

- Joined FEAS in 2000-

Nihad Talal Nihad Kamal General Manger

Year in review

It has brought many significant challenges and accomplishments, 2022 was no exception, as the global markets have been witnessing severe declines due to the global eco-political crisis, such as the war in Ukraine and the significant increase in prices due to high inflation levels.

In addition to these global economic and political challenges, we have a major unique challenge that makes it even more difficult to investment, which is the Israeli occupation and everything it leads to, resulting in our country becoming a high-risk area for investment. However, we continue striving to promote our national economy and evolve it into a modern, up-to-date investment environment. As a result, PEX has claimed a distinguished position on the global investment map and the leading global stock market indices.

We are witnessing a steady recovery in the Palestinian market after the Covid-19 pandemic and what it resulted economically worldwide. The securities sector in Palestine is maintaining its high financial performance and is growing and developing, aiming to achieve the highest revenues possible to investors.

With our partners in the Palestinian market, we work towards high levels of transparency, taking investors’ constructive observations that aim to advance common interests which benefit the company, in addition to adopting a maximum level of good governance, thus, making PEX a role model for listed companies in Palestine.

2022 was distinguished with new management for PEX and new aspirations; we can notice their impact on the company’s performance in compliance with our strategic plans for the coming years. In parallel with the expected technological advancements, PEX strives to open new horizons through various financial services and tools that meet investors’ needs and aims. In addition, PEX continues its efforts to convince multiple global financial organizations to reconsider its evaluation which hasn’t changed for years, thus, encouraging more international investors to invest in Palestine, as they trust the said data and assessments.

Finally, we appreciate your trust in Palestine Exchange, and we will continue our efforts to promote a modern, inclusive, and transparent investment ecosystem for local and global investors in Palestine.

Change of the year

Accomplishment of

the year

2022 was distinguished with new management for PEX and new aspirations; we can notice their impact on the company’s performance in compliance with our strategic plans for the coming years

PEX strives to open new horizons through various financial services and tools that meet investors’ needs and aims. In addition, PEX continues its efforts to convince multiple global financial organizations to reconsider its evaluation which hasn’t changed for years, thus, encouraging more international investors to invest in Palestine, as they trust the said data and assessments.

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