Arab Palestinian Investment Company (APIC) was founded in 1994 by a number of Arab businessmen for the purpose of channeling funds and investments to Palestine, paving the country's way to greater development and creating new jobs in the country. In 1994, APIC was registered in the British Virgin Islands and in 1996, APIC it was registered with the Ministry of National Economy in Palestine as a foreign private shareholding company and transformed into a foreign public shareholding company in 2013. On March 2, 2014, APIC listed its shares on the Palestine Exchange (PEX: APIC).The company’s authorized capital is USD 100 million, while its paid-in capital is USD 89 million.
As an investment holding company, APIC investments are diverse, spanning across the manufacturing, trade, distribution and service sectors, with a presence in Palestine, Jordan, Saudi Arabia and the United Arab Emirates through its nine subsidiaries, which include National Aluminum and Profiles Company (NAPCO); Siniora Food Industries Company; Unipal General Trading Company; Palestine Automobile Company; Medical Supplies and Services Company; Arab Palestinian Shopping Centers (BRAVO); Sky Advertising, Public Relations and Event Management Company; Arab Leasing Company; and the Arab Palestinian Storage and Cooling Company employing over 2,000 staff through its group of subsidiaries.
Philip Morris International, Procter & Gamble, Kellogg’s, KraftHeinz, Ferrero, XL Energy Drink, Americana, SC Johnson, Hyundai, Chrysler, Dodge, Jeep, Alfa Romeo, Fiat, Fiat Professional, GlaxoSmithKline, Sanofi- Aventis, Merck Sharp & Dohme, Abbott, GE Healthcare, Eli Lilly, Beiersdorf (Nivea), Janssen, Hitachi, Nihon Kohden, B. Braun, Shimatdzu, Trisa, Novo Nordisk, Boehringer Ingelheim among many others.
Established by Palestinian and Arab businessmen seeking to channel funds and investments into Palestine the Arab Palestinian Investment Company (APIC)
