Palestine Development and Investment, Ltd. (PADICO HOLDING) was founded in 1993 as a foreign public shareholding limited Liability Company, registered in the Republic of Liberia. PADICO is vigorous make of high-profile Palestinian and Arab businessmen. This initiative vehemently aimed at contributing to building the Palestinian economy through the implementation of a diversity of developmental projects in vital economic sectors.
PADICO HOLDING paid-in capital is 250 million shares, with a nominal value of one USD per share, and is traded on The Palestine Exchange (PEX) since 1997.
The base of PADICO HOLDING shareholders grew gradually over past years from 710 shareholders in 1998 to about 7,810 shareholders in 2016. PADICO HOLDING attracts investors from Palestine, Jordan, Middle East and North Africa (MENA) Region as well as investors from international markets.
Values and Mission
PADICO HOLDING is strictly dedicated to building a viable Palestinian economy, hence, Our Company, the founders, subsidiaries, affiliates and shareholders abide to fostering and implementing investment projects in vital economic sectors in Palestine. This engagement is mirrored in investment projects leading to create job opportunities, launching pioneer economic initiatives and developing partnerships between the public and private sectors. To this end, PADDICO HOLDING has been a key player in attracting local and international investors to invest in Palestine.
Along with its commitment to viably engage in Palestine, PADICO HOLDING is, committed, as well, to a set of social and moral obligations towards its employees and the local community. The Company upholds to high standards within its corporate value system; it embraces strong corporate governance principles that are compliant with global best practices. As a leading national company, PADICO HOLDING abides by an ethical code of conduct throughout all of its professional practices and activities, aiming at ensuring good citizenship practices and dedication in workplace. Additionally, the Company continuously endeavors to enhance its internal work environment, adopt socially responsible choices of our investment projects, and implement community developmental initiatives.