Investing in the Palestinian territories has traditionally been laced with political and economic risk. But the successful listing of the second player in the Palestinian mobile telecommunications sector has invited a closer look at the potential for investment.

2011 saw the successful completion of the largest initial public offering (IPO) in the Palestinian territories in 10 years, with the shares of Ramallah-based Wataniya Mobile admitted to trading on the Palestine Exchange (PEX) in Nablus. The IPO was a sell-out, attracting