PRICo.  Affiliate and Subsidiaries

PRICo. Real Estate Development Co.

The company currently operates in three areas: Monitoring projects under implementation, Development of future projects, and Investment in land owned by the company.

Category: Subsidiaries

PRICo. Contracting Co.

Despite the significant difficulties experienced by the construction sector in Palestine, particularly the financial crisis that Palestine suffered from, PRICO has completed a number of vital projects emanating from contracts concluded during previous years. These include a building complex for government ministries, the St. George Landmark Hotel - Jerusalem, Rihan suburb, Grand Park Hotel Ramallah, and the Prime Minister's offices. The company also commenced a number of new projects, most notably the Hospitality Palace in Ramallah.

Category: Subsidiaries

PRICo. Operating & Maintenance Co.

PRICO Operations and Management is responsible for monitoring projects managed by the company.

Category: Subsidiaries

Al-Mashreq Real-Estate Private shareholding Limited Company

was established in 1993 with a capital amounted to Five Million (5,000,000) Jordanian Dinars. The legal capacity of the Company was transferred from a public shareholding company to a private shareholding company in 2008. The Company's capital was reduced from Five Million (5,000.000) Jordanian Dinars to Four Million five Hundred Twenty Five Thousand and five Hundred (5,525,500) Jordanian Dinars in 1998. The Capital was also reduced from Four Million five Hundred Twenty Five Thousand and Five Hundred (4,525,500) Jordanian Dinars to Three Million Two Hundred Fifty Six Thousand Six Hundred and Four (3,256,604) Jordanian Dinars in 2005. The capital was also reduced from Three million Two Hundred Fifty Six Thousand Six Hundred and four (3,256,604) Jordanian Dinars to Two Million Nine Hundred and Six Thousand and Sixty Nine (2,906,069) Jordanian Dinars in 2012.

Category: Subsidiaries

Palestine Industrial Zone Construction and Management Private Shareholding Limited Company

Established with a capital amounting to Ten Million (10,000,000) American Dollars; and the Company's Capital was increased in 2010 to become Fourteen Million Four Hundred Eighty Five Thousand Four Hundred Sixty Six (14,485,466) American Dollars.

Category: Subsidiaries

Palestine Industrial Development Public Shareholding Limited Company (PIEDCO Holding Company)

Established in 2000 with a capital amounting to Thirty Five Million (35,000,000) Jordanian Dinars. The Company's Capital was reduced to Twenty Million Two Hundred Sixty Four Thousand Five Hundred Seventy (20,264,570) Jordanian Dinars.

Category: Subsidiaries

Jericho Agricultural Industrial Company

Jericho Agricultural Industrial Company was established in 2012 with a capital amounting to One Million (1,000,000) American Dollars, in partnership with the Palestinian Investment Fund with 65% for PRICO and 35% for the Investment Fund. A new partner was entered in 2013, which is Al-Sanabel Investment Company with 12%. Jericho Company signed a franchise contract with the Industrial Cities Authority PEIFZA for 49 years in order to establish an industrial city on 1115 dunums – 615 dunms for the first stage and 500 dunums for the second stage.

Category: Subsidiaries

Pal Aqar Co.

Founded in 1998 as a public joint stock company with a paid-up capital of 5.2 million Jordanian dinars. The company owns "Aqarat Co." for commercial centers managment, which signed an agreement with the Nablus Municipality for the management and operation of the municipal commercial complex located in the center of Nablus. The company municipal commercial complex in Nablus, larger than 64,000 square meters spreading over 12 floors equipped with the latest Building management systems, and all types of services management. Contains shops, a cinema, a spa for men, supermarket, restaurants, a health club for women, Entertainment and Recreational Centers, in addition to car parking and Transportation station, modern offices for institutions and companies with an area of over 21,600 square meters, and a modern shopping center area of more than 24,000 square meters.

Category: Subsidiaries

Marafiq Real Estate Company

Established during 2007, as a company to fill a market sector that was lackinge in Jordan. This was to cover real estate investment in the public service buildings to offer parking and other needed serices in Amman.

Category: Subsidiaries

Alwatheer General Trading

The company established in 2010, a company specializing in general trading, the company runs the "Blinks" project for the sale of retail electronics, a private joint stock company established in Jordan with the aim of general trade.

Category: Subsidiaries

Mawaqif Investment Company

Established in Jordan as a limited liability company on July 22, 2008 with an authorized capital of JD 500,000which later increased to reach JD 1.5. The company was established for the purpose of developing the Mawaqif project in Jordan. The project comprises as automated parking in the Sweifieh area which is a popular commercial are in Amman, Jordan.

Category: Subsidiaries

Mabani Company

Established in Jordan as a limited liability company on July 22, 2008 with an authorized capital of JD 500,000which later increased to reach JD 1.5. The company was established for the purpose of developing the Mawaqif project in Jordan. The project comprises as automated parking in the Sweifieh area which is a popular commercial are in Amman, Jordan.

Category: Subsidiaries