The company, which is owned by Palestinian businessman Munib Masri, announced the date for its decision in a statement on the Abu Dhabi Securities Exchange where it has a secondary listing.
Paltel's primary listing is on the Palestinian Securities Exchange in Nablus.
Zain's strategy is to seek management control of every business it acquires. It also seeks to rebrand existing operations as Zain and dispose of any fixed-line businesses that it acquires.
Paltel will release its financial results for 2008 shortly after the 9 February meeting.
You might also like...
Hassan Allam and Siemens confirm Hafeet Rail award
24 April 2024
UAE builds its downstream and chemical sectors
24 April 2024
Acwa Power eyes selective asset sales
24 April 2024
Bahrain mall to install solar carport
24 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.