(Jerusalem Post) - Lamia Lahoud Palestinian Finance Minister Salaam Fayad has published a report detailing PA investments and has released it on the Internet. The report lists the companies in which the PA has invested, including the Oasis casino in Jericho owned by the Austrian-based Cap Holding, the Jordanian Mobile Telecommunication Company, and the Canadian biopharmaceutical company Bioniche. PA investments in local companies total $327.9 million. For example, the PA owns all of the Palestine Cement Company, which is worth some $45m. The company controls most of the cement market.
2003-03-03 00:00:00Full ArticleBACK Visit the Daily Alert Archive