VOL. XLI

No. 18

4-May-1998

OAPEC

Apicorp Announces Net Profit Of $45Mn For 1997

The OAPEC-sponsored Arab Petroleum Investments Corporation (Apicorp) announced on 22April net profits of $45mn in 1997, equal to the profit reported in the previous year. Atan ordinary meeting of the corporation's General Assembly held in Abu Dhabi on 21-22 Apriland attended by representatives of the shareholding governments - Saudi Arabia, Syria, theUAE, Bahrain, Algeria, Iraq, Qatar , Kuwait, Egypt and Libya - the...