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Overview

Founded in December 1997, the Palestinian Businessmen's Association (PBA) is an independent, non-governmental organization dedicated to promoting economic and social  welfare through private enterprise.

The PBA embraces a wide range of well-reputed entrepreneurs. It comprises members of senior businessmen in Palestine active in different Palestinian economic sectors including industry,  investment, commerce, agriculture, banking, insurance, construction, hotel management , tourism, IT, transport and others.

PBA is a registered Ottoman society that aspires initially to become a think-tank for the Palestinian Business Community attracting all Palestinian Businessmen and Professionals from various sectors to be enrolled under its charter , The PBA's current membership stands at 350 active and associated members.

When  established in mid nineties, the Palestinian  Businessmen's  Association mission  was  to  unify  the   efforts  of  the Palestinian  private  sector in order to  protect its interests , promote   its   products  and enhance its productivity and efficiency in a more liberal and democratic environment.

The PBA members represent the core of the private sector and this qualifies the Association to act as the single unified spokesman for Palestinian businessmen in communications and meetings with similar regional and foreign businessmen associations.

 

The Palestinian businessmen Association (PBA) was initiated to fill a   gap and to represent the dynamic Palestinian business community with all its sectors. To act as consolidating factor to the Palestinian Economy, a force in economic decision making. Participate in the formation and issuing of laws concerning the economy and the social welfare of our citizens. Cooperate and coordinate with the Palestinian National Authority and its institutions on all levels, to enhance and bring about, up front, the role of the Palestinian businessmen, to influence the daily aspects of the Palestinian Economy. For that the PBA is constantly in contact with the majority of the local, regional and foreign business institutions to facilitate cooperation amongst all.

In this context, Joint Business Councils  JBCs have been set up so far with similar associations in Egypt, Turkey, Syria, Jordan, Qatar, China, Iraq, Tunisia, Lebanon,Libya , Yemen  .. etc. as well with other countries under establishment such as Canada , Poland, Bulgaria , South Africa , Britain , Russia and the united states of America and others. Such councils are invested with the development of relations between private sectors in Palestine and the said countries.

With the growing private sector share of the PBA together with the globalization process, the Palestinian Businessmen's Association needs to modify its activities to satisfy the new needs of the Palestinian business community, as a service provider and a catalyst facilitator as well as a lobbying power.

Meanwhile, the PBA is an establishing member in the Arab Businessmen Federation, where the PBA Chairman is the Vice-Chairman for the Federation for the third consecutive period.

There are many investors exploring commercial opportunities in Palestine.

Mohammad Al Masrouji,
Palestinian Businessmen Association’s chairman
vice-chairman for the Federation  of the Arab Businessmen

calls investors to return back and invest here in Palestine to support the national utility.

"Among our heavy duties and responsibilities, two are prominent: to enhance investment within the country and to be real partners with the incoming investors. However, they should  first have a clear picture of the Palestinian economic situation. I here confirm to investors that not all investments in Palestine are useless, great opportunities are available despite the constraints .Therefore  I call on  local investors for more investments and a little sacrifice; and I call investors abroad to come and invest here because they will find their pursuit either through investing in established enterprises or by starting new ones. To all of them, I assure that the Palestinian Business Association that unites the most effective Palestinian businessmen in Palestine is another national edifice for supporting the  economy."

 

 
 Today, after the big success of the Palestine Investment Conference that was held on the 21-23 May 2008 in Bethlehem, and others in Nablus and abroad ,it is expected that prospected investors will play an important role in Palestine's economy.
 

PBA gathers Palestinian Businessmen from all sectors so as to form a unique powerful structure of elite businessmen, investors, and bank managers among others; to foster and promote strong lobbying and advocacy efforts.

Asks all Palestinian  business men and women  to " JION FORCES IN.. LEADING AN EFFECTIVE Soci -ECONOMIC LOBBYING "

 

Majed Ma'ali,

PBA Director General

 

"In an uncertain global financial environment it is more important than ever for countries to put into place the fundamentals underpinning economic growth and development. The PBA has for many years played a facilitating role in this process by providing detailed assessments of the productive potential of the nation. The association major role is offering policy-makers and business leaders an important tool in the formulation of improved national economic policies and institutional reforms"
 
Tel.:      00972 (2) 2974636/7
Fax.:     00972 (2) 2974004
E-mail:  info@pba.ps
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