APIC Sanctions USD 13 Million Dividend and Elects New Board

On May 4, 2026, the General Assembly of the Arab Palestinian Investment Company (APIC) gathered in Ramallah, chaired by Chairman and CEO Tarek Aggad. The assembly approved an increase in APIC's authorized capital from USD 160 million to USD 180 million. Furthermore, a dividend distribution was sanctioned, summarizing 8% of the USD 160 million paid-in capital. This includes USD 8 million in cash dividends and a 3.1% stock dividend, boosting the paid-in capital to USD 165 million.

Additionally, a new board of directors was elected for a four-year period. The board comprises eleven leaders including Tarek Omar Aggad and Tarek Shakaa, who bring varied expertise in sectors such as investment and finance.