OAPEC

Review of Apicorp's 1984 Activities 

The Arab Petroleum Investments Corporation (Apicorp) increased its equity participation in Arab projects in 1984 to $117mn compared to $96mn in 1983, an increase of 22%, according to Mr. Jamal Jawa, Chairman of the Board of Apicorp in his introduction to the 1984 Annual Report. The OAPEC-sponsored company also lead-managed or managed seven loan agreements valued at around $1bn during the past year. Total investment income amounted to...