VOL. XXXI

NO. 14

11-JANUARY-1988

OPEC

AREC Facing Uncertain Future

The Board of Directors of the OAPEC-sponsored Arab Engineering Company (AREC)accepted on 19 December the resignation of the General Manager, Mr. 'Aziz Rorba.The Board had earlier, on 15 November, withdrawn managerial authority from Mr.Korba and delegated the administrative and financial functions of the company toa management committee composed of senior employees.

The Abu-Dhabi based AREC was established by OAPEC in March 1981 and...