27 March 2012
Riyadh - The Board of Directors of the Arab Investment Company has approved the final accounts of the Company for the fiscal year 2011, which showed it fetched a net profit of nearly $ 26 million during the year.
In a recent meeting in Bahrain, presided over by its Chairman Eng. Yousuf bin Ibrahim Al-Bassam, the Board decided to hold its annual meeting in Riyadh on June 9.
The Board also reviewed reports of 36 projects that have been participated and funded by the Company in a number of Arab countries.
These projects cover the sectors of industry, agriculture and services in a number of Arab countries. The Company's total contributions for these projects amounted to about $ 350 million.
Riyadh - The Board of Directors of the Arab Investment Company has approved the final accounts of the Company for the fiscal year 2011, which showed it fetched a net profit of nearly $ 26 million during the year.
In a recent meeting in Bahrain, presided over by its Chairman Eng. Yousuf bin Ibrahim Al-Bassam, the Board decided to hold its annual meeting in Riyadh on June 9.
The Board also reviewed reports of 36 projects that have been participated and funded by the Company in a number of Arab countries.
These projects cover the sectors of industry, agriculture and services in a number of Arab countries. The Company's total contributions for these projects amounted to about $ 350 million.
© Saudi Press Agency 2012
