Ooredoo Palestine Moves to the First Market on the Palestine Stock Exchange
SadaNews Economy - Ooredoo Palestine announces the decision of the Palestine Stock Exchange to transfer the listing of the company's shares from the second market to the first market, effective Wednesday, 06-05-2026, after the company has fulfilled all requirements and approved criteria for listing in the first market.
This action confirms the strength of the company's financial position and its continuous commitment to applying the best governance and transparency practices, alongside achieving advanced levels of operational and financial performance.
The company's management also confirmed that meeting the listing conditions in the first market came after completing the procedures for capital reduction and extinguishing losses, which will enhance investor confidence and support its direction towards achieving sustainable growth and creating added value for its shareholders.
In this context, the CEO of Ooredoo Palestine, Dr. Samer Fares, stated that our transition to the first market represents an important milestone in the company's journey and reflects our success in strengthening our financial position and establishing the foundations for sustainable growth, thereby achieving long-term value for our shareholders.
The company continues its commitment to developing its performance and enhancing the level of disclosure and communication with investors, in line with the requirements of the first market and the expectations of regulatory bodies.
Ooredoo Palestine expresses its deep gratitude and appreciation to the Palestine Stock Exchange for its continuous efforts in developing the Palestinian securities market and enhancing an attractive and transparent investment environment.
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