The board of the Ramallah-based Palestine Real Estate Investment Company (PREICO) has approved the ownership of 30 percent of its 50 million Jordanian Dinars (JD) (70 million US Dollars) capital by Kuwait's Global Investment House (Global), it was announced on Tuesday. Established in 1994, PREICO is one of the leading investor contributing in rebuilding Palestine. It has offices in Amman, Jordan, Ramallah, El Bireh and it is headquartered in Gaza Remal.
Al Bawaba
