VOL. XXXIII
NO. 50
17-SEPTEMBER-1990
OAPEC
Apicorp's Net Income Rises by 47.5% to $24mn in 1989
The OAPEC-sponsored Arab Petroleum Investments Corporation (Apicorp) realizeda net income of $24,113,000 in 1989, a 47.55% increase over the 1988 income of$16,342,000, according to the corporation's Annual Report, which has just beenreleased. According to the report, 1989 was a year of accomplishments for thecorporation, particularly in the field of medium and short term project finance,which enabled it...
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