Vol. XL

No. 1



APICORP's Board Approves Investment Projects

The Board of Directors of the Arab Petroleum InvestmentCorporation (APICORP) - an affiliate of the Organization of Arab Petroleum Countries(OAPEC) - held its fifth and final meeting for 1996 in Cairo on 15 December during whichthe Board reviewed and approved a number of investment projects which were undertaken bythe corporation during the year. Among these are the following:

-The Board took note of APICORP's...