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Union Constriction And Investment (UCI)

Overview

UCI
Overview
 

In July 2005 a union construction and investment corporation , capitalized at US $ 40 million, was founded by a group of Palestinian and Arab experienced businessmen backed up by some investment companies in the Arab world with the aim of creating a special investment environment in Palestine, through which construction and development works will be carried out. As a result of the concerted efforts founders subscribed for 60% of the corporation"s nominal capital, 40% was offered for public subscription based on 4 installments, all of which have been paid. Union Construction and Investment Corporation (UCI) is embarking on a mission to advance the development of Palestine and affirm its identity in the global market. UCI is prepared to play a major role in the improvement and strengthening of Palestine’s economy. In addition to local shareholders from the West Bank and Gaza, we have drawn together international investors from Europe, the Middle East and the Gulf region.  By utilizing the latest in construction methodology, UCI aims to design innovative and highly efficient residential and commercial buildings throughout Palestine. UCI investment strategy is broad and internationally focused, intended to diversify UCI’s investments in order to increase profits and decrease the possibility of unforeseen risk. We intend to harness local talents in a highly educated Palestinian society and channel UCI collective efforts to enhance Palestine’s standard of living. With offices located in Ramallah and Gaza, we can focus on the whole of Palestine and facilitate plans accordingly.

Trading & Financial Results Currency: USD

 
Year Total revenues Total expenses Net income (Loss) Dividends Capital Subscribed Capital Market Cap
2007 4,492,455 144.928 3,574,573 - 40,000,000 35,534,410 36,400,000
2008 3,918,799 776,047 3,015,923 - 40,000,000 40,000,000 26,400,000
2009 7,159,216 627,114 2,636,441 7.50% 40,000,000 40,000,000 26,800,000
 
  • Arab Investors Co. (ARAB)
  • Al-I'timan for Investment & Development Co. (IID)
  • Jerusalem Real Estate Investments (JREI)
  • Palestine Investment & Development Co. (PID)
  • Palestine Industrial Investment Company (PIIC)
  • Palestine Real Estate Investment Company (PRICO)
 
 
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