Tuesday, September 28, 2010

PEACE BUILDING-ECONOMY TAKES A BREATH

PEACE BUILDING-ECONOMY TAKES A BREATH

This is one of the aspect which rarely people talk about- Palestine Stock Exchange market in Nablus,West bank .
Many expectations are lied on this peace talks,There are many investors around the world for investing in Palestine Security Exchange but majority are skeptical about it because they fear about their investments.But experts believe if the peace process gets a green signal,Palestine will see a new dawn..Palestine stock exchange in Nablus constitute of 41 companies .It was incorporated as a private shareholding company in early 1995, with the Palestine Development & Investment Company (PADICO) and (SAMED), the economic institution of the PLO, as its major investors.the Mid cap constitute the world market for approximately $2.4 billion and the trading is done in dollars and Jordanian Dinar.



Quds bank,Palestine plastic Industrial(LADAEN) and Al-Wataniah Towers (ABRAJ)  are some listed companies.Most of the companies are finding space for themselves to breathe.Initially when I saw the report on Palestine Security Exchange market. I thought that if this country is given a chance they can seige the war and could get rid of extreme unemployment and poverty.

However Gaza strip is the most affected one in Palestine region and it is completely relying on the UN and foreign aid.If the investors start investing in Nablus, Palestine can progress towards development and self independence.The above photograph depict one of the industry bounded exhibition held in Nablus.Such platforms are really useful for the the people in region to explore their opportunity.The market shares are cheap because they are weak and is enveloped in obscurity.If there is a solution about peace Palestine Stock Market will see a better future.

The other aspect is about the capital formation in the country. If there is peace in the region, the capital formation will also progress and the country can yields more capital  rather than confined  to foreign help.I believe if the peace lines are clearly made then the economy of Palestine can take a flight towards a better humanity belt.

Thank You;
Regards.
Nikhil

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