31 Oct 2010
(MENAFN) Mobile telephone operator Wataniya Palestine will launch an initial public offering (IPO) on November 7, to be the first company to list on the Nablus bourse this year, Reuters reported.
Wataniya Palestine, part owned by Qatar Telecommunications Company, hopes to raise $50 million, according to sources.
The company began functioning as the second mobile operator in the Palestinian territories a year ago after entering the market as a competitor to Jawwal, owned by the Palestine Telecommunications Company.
It aims to join the 40 companies already listed on the bourse, which have a combined market capitalization of about $2.5 billion.
Wataniya Palestine is 53 percent owned by Qatar Telecommunications and 47 percent owned by the Palestine Investment Fund, which is owned by the Palestinian Authority.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more