Talk on “Socio Economic Development in Palestine: A Philanthropist’s View”

Date               :  Thursday, 15 February 2018

Time               :  12:00 noon – 1:00 pm

Venue            :  Maybank Islamic, Auditorium, INCEIF Campus.


H.E. Munib Rashid al-Masri Palestinian Industrialist, Statesman

Chairman, Edgo Group

Chairman, PADICO

H.E. Munib Rashid al-Masri is a Palestinian industrialist, statesman, and patriarch of the al-Masri family.

He is currently serving as chairman of the Edgo Group, a multinational energy and engineering conglomerate, and of PADICO, a holding company which controls thirty-five companies spanning industries as diverse as telecommunications, construction, tourism, energy, banking and other finance, and agriculture.

Al-Masri is widely described as the world’s richest Palestinian, with personal holdings that reportedly account for a third of the Palestinian economy. Relatives of his include his cousin, Arab Bank and Paltel chairman Sabih al-Masri, and nephews, developer Bashar Masri, and Jordanian former prime minister Taher al-Masri. One of Yasser Arafat’s closest friends and supporters, al-Masri has served as a minister in the cabinets of both the Palestinian National Authority and Jordan, and has on multiple occasions declined both the presidency and the prime ministership of Palestine, although he retains an elected seat in the Palestinian Legislative Council.