RAMALLAH, May 16, 2012 (WAFA) – A new 24-member government headed by Prime Minister Salam Fayyad was sworn-in Wednesday in Ramallah in front of President Mahmoud Abbas.
The cabinet had nine new ministers, including a finance minister replacing Fayyad who had kept this post almost uninterrupted for the past nine years.
Fayyad formed his first government in June 2007 after the armed Hamas takeover of the Gaza Strip.
The cabinet had resigned in May...
RAMALLAH, May 16, 2012 (WAFA) - Unemployment rate in the Palestinian Territory reached 23.9% in first quarter 2012, bringing total number of unemployed people to about 261,000, divided into 147,000 in the West Bank and 114,000 in Gaza Strip, the Palestinian Central Bureau of Statistics (PCBS) said Wednesday.
Unemployment rate in Gaza Strip was 31.5% compared with 20.1% in the West Bank, and the unemployment rate for males in...
RAMALLAH, May 16, 2012 (WAFA) - The Al-Quds Index of the Palestine Exchange (PEX) closed Wednesday trading at 459.75 points, up by 0.09 points (0.02%), compared to the last trading session, according to PEX report.
A total of 464,245 shares were traded for a value of $889,080.80, executed during 207 transactions.
Shares of 20 companies were traded. Share price increased in six companies and decreased in six others.
Top five gainers: JCC by (5%),...
HEBRON, May 16, 2012 (WAFA) – A teenager was injured on Wednesday when a tear gas canister fired by Israeli soldiers hit him in the face during clashes at the entrance to Arroub refugee camp north of Hebron, according to local sources.
They said Israeli forces fired tear gas at the Palestinians, hitting Omar al-Badawi, 14, in the face. Badawi was transferred to hospital in Hebron for treatment.
Several other Palestinians were treated for tear gas...
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