The Wassel Group was formed in 2005 to offer a comprehensive network of logistics and distribution services to the Palestinian market. Publically traded on the Palestine Exchange (PEX), Wassel has a 16,000 strong shareholder base. Also known as the Palestinian Distribution and Logistics Services Company, Wassel was formed to meet the growing needs of businesses in the rapidly expanding Palestinian economy in the integrated logistics solutions sector. In 2010, the Siraj Fund purchased a large stake in the Wassel Group and announced plans to restructure the subsidiaries and expand the group’s core services base.
The flagship of the Wassel group of companies, Wassel Logistics, provides total logistics management solutions and transportation support services, including international worldwide express, domestic transportation, local delivery and same-day courier service, cargo and freight services, supply chain management, inventory and warehouse operations management, as well as a roster of custom value-added services.
Other Wassel group subsidiaries include: vehicle and equipment leasing (PalLease); event management and exhibition services (PalExpo); integrated home and business security solutions (PalSafe); commercial and residential janitorial services (PalClean) and distribution and sales of XEROX and Neopost office and mailing equipment in Palestine (PalTech).
Chairman of Board of Directors
Mr. Tahaoub is the General Manager and Managing Partner of Asal, the leading IT research and development company in Palestine. Mr. Tahboub also oversees the development of strategies and all Massar International investments in the field of information technology and high technology, Smart city ".
Mr. Tahboub was the Director General of the Palestinian Products Promotion Center in Rotterdam, the Netherlands. He also oversaw the marketing strategies of several Palestinian companies from the Palestinian Trade Promotion Organization (PTO), the first Palestinian organization to meet the needs of Palestinian exporters. Various sectors of the EU market.
Mr. Tahboub has a strong network of commercial relations in the Arab, regional and international markets. He is a Fellow of the Henry Crown Institute in the United States of America, a member of the Young Presidents Organization, the Arab Economists Association and a Certified Expert for the World Trade Organization and the International Trade Center UNCTAD.