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Palestine Economic Corporation

Palestine Economic Corporation (PEC) was a public company originally incorporated in the United States, aimed at supporting the economic development of Palestine. It was formed in February 1925 with the merger of Palestine Co-operative Company with "capital from the offices of the Joint Distribution Committee".

Early Investments and Operations

  • Palestine Mortgage and Credit Bank Ltd.
  • Central Bank of Co-operative Institutions in Palestine Ltd.
  • Palestine Water Company Ltd.
  • Bayside Land Corporation Ltd.
  • Loan Bank Ltd.

References

External links