http://business.maktoob.com/company_news_profile.asp?id=20061211084844

The Palestine Investment Fund


The Palestine Investment Fund (PIF) was incorporated in 2003 with the 
aim of consolidating the assets and investments held for the benefit of 
the Palestinian people. The PIF is registered at the Companied 
Comptroller as a public shareholding company. The fund is based in 
Ramallah and in Gaza City, with regional offices in Amman and Cairo. It 
is headed by a nine-member Board of Directors (BOD), with majority 
members of prominent Palestinian private sector leaders. PIF serves as 
an enabling catalyst for sustainable development in Palestine through 
undertaking and partnering in strategic investment projects in the areas 
of energy, information and communication technology (ICT), real estate, 
tourism, among other areas. PIF is dedicated to transparent and 
accountable corporate behavior, and strives to build a pool of top notch 
professionals who would become the future leaders of the Palestinian 
private sector. PIF aims to act as the sustainable anchor working for 
Palestine by investing in viable and strategic projects. All PIF 
activities and investment interventions: . Stimulate sound and 
sustainable private sector; . Contribute to enable business environment; 
. Promote job creation; . Generate profitable return for the 
shareholder; . Leverage Palestinian human and capital resources; . 
Contribute to the process of Palestinian economic independence; . Act as 
a key promoter of regional economic interdependence . Act as a role 
model for transparent and accountable corporate behavior.

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