Aswaq is the Palestinian Investment Fund's asset managment arm for local and global markets
Emerging opportunities are key to Aswaq and PIF's success - both to secure a steady flow of returns and to catalyze private sector development in Palestine.
Aswaq is at the forefront of emerging investment opportunities in Palestine. From banking and telecommunications to healthcare and agriculture, Aswaq is bringing Palestine to market. For more, see below.
Aswaq provides PIF with liquidity to enable its impact investment program. Towards this end, Aswaq's investment strategy seeks to achieve market-based returns, while maintaining a diversified local and global portfolio with a focus on risk mitigation.
Through two specialized funds - Khazanah and Rasmala - Aswaq strikes a return-generating, calibrated balance between the lucrative local Palestinian stock exchange and regional and global capital markets.
Aswaq seeks to catalyze investment in vital, underdeveloped sectors in Palestine which will maximize impact per dollar deployed. Towards this end, it targets investment towards the telecom, banking, industrial, healthcare, and trading sectors, among others.
A selected list of notable Aswaq investments is below.
Aswaq is one of the most influential local investors in the Palestinian Stock Exchange (PSE).
Local public market success is critical to growth and impact in Palestine. In addition to investing in local equity, Aswaq helps to bring companies to market through IPOs and facilitates growth and expansion through acquisitions and turnarounds.
Aswaq is committed to strengthening strategic Palestinian companies through IPOs, acquisitions, and turnarounds - particularly by facilitating engagement in the Palestinian Stock Exchange.
Aswaq facilitated the initial public offering of Sanad Construction Comapny, a PIF-led initiative.
Sanad's IPO launched in 2017 with success. It had a $164 million market cap at launch on the Palestinian stock exchange.
Aswaq has facilitated a number of acquisitions and turnarounds in Palestine. A few noteworthy examples of acquisitions and turnarounds include: