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Fixed-line operator Palestine Telecommunications Company (PalTel)is expected to list 30 per cent of its shares on the Abu Dhabi Financial Market in mid-November. ‘PalTel is no longer a local company. There are many potential investors from the Gulf who are worried about the political situation in Palestine but would invest if PalTel was listed on another market,’ chief executive officer of PalTel Group Abdul Malik al-Jaber said on 19 October. ‘We won’t list more than 30 per cent of the shares as we don’t want to create a massive shift in investment to a foreign market.’