press release

Union Construction and Investment Company (UCI) and Bounyan Real Estate Development (BOUNYAN) have signed a joint cooperation agreement to market the lands of TABO project, which is the most important and prevalent development project of UCI in Palestine.

The General Assembly of Union Construction and Investment Company (UCI) approved in its Annual Ordinary Meeting the recommendation of the Board of Directors of the Company to distribute cash dividends to shareholders of 3% of the Company's capital for the year 2022. The company achieved a net profit of $ 2,890,439 USD before tax and $ 2,812,235 USD after tax for the year 2022.

TABO, which is one of the largest real estate development projects established and implemented by Union Construction and Investment Company (UCI), recently launched a new master plan in Birzeit, Ramallah Governorate, named "Alali Birzeit".

WEF head Klaus Schwab said letter comparing Ukraine with Palestine was ‘deeply insulting’ and ‘offensive’, according to emails seen by Al Jazeera.

UCI announced today that it has completed road construction and extending of electricity networks along 10,000 meters of roads in its TABO masterplans in Farkha in the Salfit

Union Construction and Investment started extending high and low voltage electricity networks for its TABO project

Union Construction and Investment Company signed a memo of understanding with the Palestinian Dental Association to strengthen the relationship between the two parties and to provide an opportunity for all members affiliated with the Dental Association to own and invest in one of the company’s most prominent projects “TABO”. Signing this memorandum coincides with the company's celebration of the 10th anniversary for the launch of this leading project.

Union Construction and Investment Company (UCI) celebrates the 10th anniversary of the launch of its TABO project in Palestine. TABO revolutionized the real estate market in the West Bank since its launch in 2011, being the pioneer in expanding the scope of land ownership for Palestinians living in their homeland and the diaspora, by properly registering land and issuing title deeds thus protecting land and maintaining Palestinian presence on their land which continues to suffer the threat of confiscation for Israeli settlement expansion.

Union Construction and Investment Co. is pleased to announce to its shareholders the start of distributing 2.5% dividends for the year of 2020 in the amount of $ 800,000 USD in accordance with the decision of the Ordinary General Assembly in its meeting that was held on 04/05/2021

Ramallah, Jan 17, 2021 - The Palestine Exchange (PEX) announced approving 2020 Jerusalem Index selected companies for 2021, and accordingly it has chosen Union Construction and Investment Company (UCI) to represent Al Quds Index for the real estate and investment sector for the fourth year in a row within the selected companies that make up Al-Quds Index since 2018. This marks the ninth selection for UCI since its listing on the Palestine Stock Exchange for the years 2008-2010, 2012-2013 until 2018-2021.The index selected companies includes 15 out of 46 publicly-listed companies for this year, representing 74.38% of total market capitalization of various economic sectors.

UCI, Ahlia Insurance company, and the Ministry of Social Development signed an agreement to support the resilience of Palestinian families in need; whereas the two companies will distribute 5,500 food parcels valued at 212,400 ILS to 5,500 Palestinian families in the West Bank and Gaza Strip among the families most affected by the economic crisis resulting from the Corona epidemic, as per the ministry of social development lists. The initiate is titled "Salat Al Rahman”.

Ramallah, Palestine - Jan 7, 2020 - The Palestine Exchange (PEX) has chosen Union Construction and Investment (UCI) to represent the Al Quds Index in 2020 for the real estate and investment sector. The index includes 15 out of 48 listed companies, encompassing 74.92% of total market capitalization ...

The CEO and Vice Chairman of the Board of Directors of the Union Construction and Investment Company (UCI) Eng. Khaled Al-Sabawi is pleased to announce the launch of a nationwide anti-smoking campaign in Palestine.

Ramallah - Union Construction and Investment has signed a partnership and cooperation agreement with Bank of Palestine that aims to provide all possible incentives and facilities and diversify the financing options offered to those wishing to purchase lands and residential units from TABO and Al Masyoun Gardens projects. The agreement was signed by Khaled Al Sabawi, CEO and Vice Chairman of BOD of Union Construction and Investment, and on behalf of Bank of Palestine, the General Manager Rushdi Al Ghalayini.

Union Construction and Investment Co. is pleased to announce to its shareholders the start of distributing a 7% dividends for the year of 2018 in the amount of $ 2,240,000 USD in accordance with the decision of the Ordinary General Assembly in its meeting that was held on 17/07/2019, as follows:

Union Construction and Investment (UCI) held its thirteenth Ordinary General Assembly meeting at its Al Masyoun headquarters in Ramallah, with a video link to attendees in Gaza

In a step that promises another year full of success in the real-estate sector in Palestine, UCI celebrates the unveiling of the foundation stone of MG 2 residential project under the sponsorship of the Chairman of the Board of Directors and the founder of UCI, Dr. Mohamed Al-Sabawi, and in the presence of Eng. Khaled Al-Sabawi , UCI’s CEO and Vice Chairman, in addition to a large crowd of other Board members, managers, employees consultants of UCI, and from other allied companies and development partners such as, engineers, architects, designers, contractors, supervisors and a number of journalists.

Union Construction and Investment’s (UCI) ambitious real estate project, TABO, is proud to announce a major infrastructure project with the Jerusalem District Electricity Company (JDECO),

As part of the activities of the Global Entrepreneurship Week, the Faculty of Business and Economics at Birzeit University invited Khaled Sabawi, CEO of Union Construction and Investment (UCI) and Vice Chairman of its Board of Directors, to deliver a public lecture on entrepreneurship in Palestine. The lecture was attended by Dr. Samia Batma, Dean of the Faculty of Business and Economics; Rami Kashu, Lecturer and Head of the Business Administration department; Mrs. Dahouk Dawoudi, head of the Continuous Training Unit at the University, and a large crowd of students from the faculty of Economics and Business Administration

Union Construction and Investment (UCI), listed on the Palestinian Securities Exchange, announced a net profit of $1,411,444 for the period ending 30/09/2018. This represents an increase of 87.93% compared to a net profit of $751,061 for the same period in 2017.

When evaluating a stock’s health, it is crucial to assess the company’s ability to sustain profits over a period of time. Here are 11 reasons why purchasing Union Construction and Investment (UCI) shares on the Palestine Exchange (PEX) is a great choice for a long-term investment.

Union Construction and Investment’s (UCI) financial results for the first half of 2018 demonstrate that it is the most profitable real-estate company on the Palestinian Securities Exchange – by a large margin.

The Union Construction and Investment Company (UCI) is delighted to announce the start of excavation work at the site of Masyoun Gardens 2, one of the company's newest and prestigious housing projects. The excavation work started immediately after obtaining the necessary final licenses and approvals from the official competent authorities. The construction work will start in 2019 and is expected to be finalized in September 2020.

Union Construction and Investment (UCI) is delighted to announce the launch of the Masyoun Gardens 2 project. After the success of Masyoun Gardens 1, which sold out quickly, UCI decided to develop a second real estate project in the high demand area of Al Masyoun.

Union Construction and Investment CEO and Vice chairman, Khaled Sabawi, delivered a speech as the keynote speaker at a conference held at the Faculty of Business and Economics of Birzeit University, a leading academic Palestinian institution located north of Ramallah. The conference, titled “Entrepreneurship in Occupied Palestine: Policies and Prospects,” was held on April 11, 2018.

UCI’s CEO and Vice chairman, Khaled Sabawi, was invited as a speaker at TEDx Al-Quds University to talk about his personal experience in entrepreneurship. The conference took place in Al-Quds University in Abu Dis, East Jerusalem on April 15th 2018.

Eng. Khaled Sabawi, UCI’s CEO and Vice Chairman, has announced completion of the construction of four new model homes as part of the pioneering TABO project. Situated in Qarawa Bani Zeid D and B master plans in Ramallah and in Farkha D master plan in Salfit, these new TABO homes enjoy stunning locations, fantastic mountain views and are positioned away from the crowds and often chaotic nature of city life.

Union Construction and Investment Co. (UCI) announces with great pride its winning of the Best Management Team award in the real estate development sector for 2017, during the second edition of the Arab Best Awards. The ceremony was held in Marrakesh, Morocco, with the participation of 10 Arab countries.

Union Construction and Investment Co. is pleased to announce to its shareholders the start of distributing a 5.5% dividends for the year of 2016 in the amount of $ 1,760,000 USD in accordance with the decision of the Ordinary General Assembly in its meeting that was held on 02/05/2017, as follows:

Union Construction and Investment (UCI) held its Eleventh Ordinary General Assembly Meeting at its Al Masyoun headquarters in Ramallah, in which it was decided to issue a dividend of 5.5% of its shares nominal value to shareholders

Union Construction and Investment Co (UCI) is pleased to announce the commencement of structural works for the Masyoun Gardens project, one of the company’s latest real estate developments. This structural work follows the completion of the laying of the foundation stone, which was overseen by the Chairman of the Board of Directors and the first founder of UCI, Dr. Mohamed Al-Sabawi, during a well-attended ceremony in December 2016.

Union Construction and Investment Co. (UCI) has announced the completion of construction and paving of internal roads in Qarawa Bani Zaid as part of its groundbreaking TABO project. This road network will establish full access to what will become a thriving Palestinian community.