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Palestinian Distribution and Logistics Services (WASSEL)

Last update: 24 December 12:25 PM market time.
1.24
-0.05
-3.88%
Open 1.29
Previous Close 1.29
High 1.29
Low 1.24
Stock Statistics
Volume 576
Turnover 727.44
All data are 15 minutes late during market session

General Information

Company Name Palestinian Distribution and Logistics Services (WASSEL)
Company Purpose Palestinian Distribution and Logistics Services (known as: WASSEL) is a public company, listed on Palestine Exchange since April 2007. WASSEL operates within the Transportation sector focusing on Air Freight and Logistics. It has 10 subsidiaries operating across Jordan and Palestine. WASSEL is based in Ramallah, Palestine and was established in January 2005.
Company Establish Date 07 September 2005
Financial Year Start First Quarter
Auditor
  • Ernst and Young - Palestine

Ownership

  • Siraj Fund Management Co (70.70%)

Management

Reyad Mohammed Ibrahem Nazzal Chairman Represents Siraj Fund Management Co
Murad Muawia Fateen Tahboub Deputy Chairman Represents Massar International
Reem Faisal Alsheikh CEO
Attia Basil Attia Al Ramahi Board Members Represents Siraj Palestine Fund I Holding
Asim Ghaleb Hafez Salem Board Members Represents Al Sanabel for Trade and Investment
Nemr Mohamed Samir Nemr Abdel Wahed Board Members Represents Palestine Development and Investment
Ibrahim Edward Ibrahim Khrman Board Members Represents Alpha International for Research, Polling and Information
Reem Faisal Alsheikh Board Members Represents Massar International

Subsidiaries

  • PalClean (100.00%)
  • Intelligent way of logistics service (100.00%)
  • Wassel Distribution & Logistics -Jerusalem (100.00%)
  • Mini Max Logistics - Jerusalem (100.00%)
  • Wassel Distribution & Logistics - Jordan (100.00%)
  • Pal Tec Integrated Technology Solutions (100.00%)
  • Palestinian Security Solutions (98.00%)
  • PALEXPO Event Management Services (70.00%)
  • Palestinian for Rental and Leasing (43.00%)
  • The Palestinian Company for Cash and Valuables Transportation and Financial Services (40.00%)

Contacts

Address P.O.Box 642 - ‏The Castle Building, 1st floor, Edward Said St, Ramallah
Phone +970 2 2415161
Fax +970 2 2959131
Website www.wassel.ps
Contact Person