SAMED, short for ''Palestine Martyrs Works Society'' (), is the economic institution of the
PLO
The Palestine Liberation Organization (PLO; ) is a Palestinian nationalist coalition that is internationally recognized as the official representative of the Palestinian people in both the occupied Palestinian territories and the diaspora. ...
. It represents the PLO at economic conferences in Arab countries. SAMED is also involved in the political, cultural, and social fields.
For many years, SAMED handled the distribution of cash compensation to the families of martyrs killed in attacks on Israel, payments now handled by the
Palestinian Authority Martyr's Fund
The Palestinian Authority Martyrs Fund is a financial program operated by the Palestinian Authority (PA). It operates through two main channels: The Foundation for the Care of the Families of Martyrs that provides monthly financial support to the ...
.
SAMED was set up by the PLO as a front company, a commercial and manufacturing entity. Most SAMED workshops were then in the
refugee camps
A refugee camp is a temporary settlement built to receive refugees and people in refugee-like situations. Refugee camps usually accommodate displaced people who have fled their home country, but camps are also made for internally displac ...
in northern
Lebanon
Lebanon, officially the Republic of Lebanon, is a country in the Levant region of West Asia. Situated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, it is bordered by Syria to the north and east, Israel to the south ...
. Since then its activities have expanded.
Jordan - The Palestinians and the PLO
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Following its establishment, SAMED operated across the spaces of Palestinian exile while it maintained a global reach beyond Palestinian refugee camps
Palestinian refugee camps were first established to accommodate Palestinians who were displaced by the 1948 Palestinian expulsion and flight during the 1948 Palestine war. Camps were established by the United Nations Relief and Works Agency ( ...
, namely with workshops and collaborations in other allied states, particularly in Africa.
See also
*Palestine Securities Exchange
The Palestine Exchange (PEX; ) is a stock exchange based in Nablus in the Palestinian territories. The PEX was established in 1995, and operates under the supervision of the Palestinian Capital Market Authority (CMA).
As of December 2012, 48 ...
References
External links
An-Najah National University
1971 establishments in Lebanon
Economy of Palestine
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