Industry: Banking & Finance
Company: Palestinian Exchange
Ahmad Aweidah joined the Palestinian Exchange (PEX) in June 2008 and although he has previously said that it is tough to market ‘Brand Palestine’ to outside investors, the head’s strategic vision is to put the PEX on the world’s investment map by showcasing their services both regionally and internationally.
In fact, he constantly ensures the promotion of Palestinian companies (both listed and unlisted) by marketing their success stories. Under Aweidah’s leadership, PEX raised $707,200 in an initial public offering that valued the company at $41.6m, and saw it become the second publicly traded exchange in the Middle East. Last year, 32 of the 48 listed companies on the exchange posted a profit, in tough economic circumstances.
Aweidah has over fifteen years of experience in banking and telecommunications in both Europe and the Middle East and also chairs the Board of the Palestinian Counseling Center in Jerusalem.