Business Chief Europe Magazine August 2014 | Page 97

Paltel group
Technology
Working in the community
biggest motivators to succeed commercially , with the independently-managed Paltel Group Foundation emblematic of the CEO ’ s pledge to uplift the region ’ s people .
He said : “ Visiting the local communities and seeing the benefit from our impact fills me with huge pride – it makes me proud of being a company which makes a difference to peoples ’ lives .
“ Last year we spent $ 10 million in Palestine , which represents around five percent of our net income , and when we have the budget to increase this we certainly will . Since this began in 2008 , we have spent $ 50 million .”
In education , Paltel has sponsored 400 scholarships for students to exercise their

“ Visiting the local communities and seeing the benefit from our impact fills me with huge pride – it makes me proud of being a company which makes a difference to peoples ’ lives ”

– Ammar Aker
www . paltelgroup . ps 97