Business For Sale Palestine | Business For Sale Listings
Sell Your Business and Expose Your Business For Sale Palestine Ads Today!
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Get to Know About Palestine
Palestine is a sovereign state in Western Asia claiming the West Bank and Gaza Strip. The land covers an area of 6,020 square kilometers and is home to an estimated 4.8 million people. The proclaimed capital is East Jerusalem while the administrative center is in Ramallah. The largest city is Gaza City, and the official language is Arabic. 93% of the Palestinians are Muslim. Circulating currencies in the country are Egyptian pound (EGP), Israeli new shekel (ILS), and Jordanian dinar. Palestine has a semi-arid Mediterranean climate and has two main seasons: hot, dry summer and mild, wet winter.
Palestine’s GDP is around $14.50 billion, and its GDP per capita is roughly $2,923.40. Take note that the tourism in the Palestinian territories refers to tourism in the West Bank, East Jerusalem, and the Gaza Strip.
Doing business in Palestine requires long patience, big persistence, flexibility, and adaptability. Though the country does not cater to all nationals, still other interested corporations can do business in Palestine. According to the latest annual ratings of World Bank, the country is ranked 114 among 190 economies in the ease of doing business. And the good thing is there are no visa conditions imposed on other nationals other than those imposed by visa policy of Israel.
Despite the conflict between Palestine and Israel, the country has many good things to offer. Palestine has a well-educated labor force that is also familiar and well versed with technologies. Thus, it has an advanced information and communications sector. The country has strong trade relations with the EU as well as neighboring countries aside from the growing partnership with North America. Due to its conflict with Israel, companies and corporations inside the country have limitations, especially in their operations. The restriction on movement of goods and services to and from the West Bank and the Gaza Strip is greatly affected as there are checkpoints, military roads, walls, Israeli roads, and other physical barriers.