Chairman of the Capital Market Authority and a High-Level Delegation on a Significant Visit to the Palestine Stock Exchange

SadaNews - A delegation from the Capital Market Authority headed by the Chairman of the Board, Ammar Al-Akar, General Manager Barak Al-Nabulsi, and General Manager of the Department of Securities, Murad Al-Jadba, visited the Palestine Stock Exchange in Nablus. They were received by the Chairwoman of the Board of the Palestine Stock Exchange, Rola Al-Shanar, and the executive management of the exchange represented by its General Manager, Nihad Kamal, along with the directors of the departments and sections.

This visit came as part of enhancing the joint cooperation between the Palestine Stock Exchange and the Capital Market Authority, and continuing efforts aimed at developing the Palestinian securities sector.

The visiting delegation was briefed on the latest developments in the market as well as the economic challenges facing Palestine under the current circumstances. The performance of the exchange and its results during the first half of 2025 were also reviewed. The visit included a presentation of the main standards adopted by the Palestine Stock Exchange in the fields of anti-money laundering and compliance frameworks, alongside a review of the plan to launch new electronic systems related to trading, depositing, and transferring.

For his part, Al-Akar emphasized during the meeting the importance of this visit, which comes in the context of strengthening joint cooperation between the Capital Market Authority and the Palestine Stock Exchange, aimed at developing the Palestinian securities sector. He also affirmed the commitment to providing a secure and transparent investment environment through the regulatory role performed by the authority, and praised the significant efforts made by the exchange in updating its modern electronic systems that contribute to improving performance and enhancing trust in the market.

On another note, Al-Akar explained that the securities sector faces significant challenges requiring joint cooperation between the Palestinian government, the private sector, and stakeholders. He expressed hope for reaching an agreement to end the aggression against our people in Gaza, which will contribute to revitalizing the market and enhancing its position on the map of regional and global markets.
Meanwhile, Al-Shanar welcomed this significant and qualitative visit on various levels, confirming at the same time the Palestine Stock Exchange's commitment, in partnership with the Capital Market Authority, to develop cooperation and work together to face challenges and uplift the reality of the market and its tools.
The visit included a working session that discussed the importance of complementary roles between the two sides, especially regarding enhancing trust in the Palestinian local market and empowering financial brokerage firms through advanced operational mechanisms and addressing their needs. The attendees praised the important role played by listed companies in the market and their continuous efforts to uphold the rights of shareholders and grow their savings.