VOL. XXXIV

NO. 33

20-MAY-1991

OAPEC

APICORP's Total Assets Fall by 1.8% in 1990

The total assests of the OAPEC-sponsored Arab Petroleum InvestmentsCorporation (APICORP) fell by 1.8% to $928mn in 1990 from $945mn in 1989,according to a press release issued on 11 May following the 15th annual meetingof the corporation's Board of Directors, held in Cairo, Egypt, on 8 May. TheBoard meeting, which approved the 1990 financial statements and referred them tothe General Assembly for final approval, was...