Arab Palestinian Investment Company- APIC

The Arab Palestinian Investment Company (APIC) is a leading investment holding company that was founded by a number of Arab and Palestinian businessmen aiming at steering investments towards Palestine that ultimately contribute to building a viable Palestinian economy. APIC was established and registered in the British Virgins Island as a private shareholding company in 1994. In 1996, it was registered in Palestine as a foreign limited private shareholding company. APIC transformed into a foreign public shareholding company on 23 December 2013 and was listed on the Palestine Exchange on 2 March 2014. The company’s authorized capital is USD 100 million, while its paid-in capital is USD 95 million.APIC aims at providing superior products and services of quality and value leaving a positive and lasting impact in the market. APIC owns a group of subsidiaries operating across manufacturing, retail, distribution and services sectors with presence in Palestine, Jordan, Saudi Arabia.Subsidiaries of APIC offer a wide array of products and services through distribution rights agreements with multinational companies that include Philip Morris, Procter & Gamble, Kellogg's, Hyundai, Chrysler, Dodge, Jeep, XL Energy, Abbott, B. Braun, Eli Lilly, GlaxoSmithKline, Sanofi Aventis and Nivea, among many othersAPIC Subsidiaries:Manufacturing:1- National Aluminum & Profile Company (NAPCO)2- Siniora Food Industries Company (Siniora) Retail, Trade & Distribution:3- The Arab Palestinian Shopping Centers Company 4- Palestine Automobile Company (PAC)5- Medical Supplies and Services Company (MSS)6- UNIPAL General Trading Company (Unipal)Services: 7- Sky Advertising, Public Relations and Event Management (Sky)Other Investments: 1- Palestine Electricity Holding Company 2- Bank of Palestine3- Palestine Power Generating Company