Arab Investment Company (TAIC)
Société arabe d'investissement
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Contact Details
URL: http://www.taic.com/
Founded
1974-07-16 Riyadh Saudi Arabia
History
16 Jul 1974, Riyadh (Saudi Arabia), by a special agreement signed by 7 Arab countries (Bahrain, Egypt, Kuwait, Qatar, Saudi Arabia, Sudan and United Arab Emirates). Other Arab States joined the Company in 1975 (Iraq, Jordan, Libyan AJ, Morocco, Oman, Qatar, Syrian AR, Tunisia) and in 1977 (Yemen). Later Lebanon and Algeria joined. Commenced operations in 1975. Previously also known under the acronyms AIC -- SAI.
Aims
Invest Arab funds to develop Arab resources in different economic sectors by initiating investment projects in different economic sectors based on sound economic and commercial criteria, in a manner that would support and develop the Arab economy.
Activities
Available with paid subscription only.Structure
General Assembly (annual). Board of Directors, consisting of Chairman, Vice Chairman and 13 members. Chairman of the Board is Company's legal representative. Offshore Banking Unit (OBU) in Bahrain.
Staff
Available with paid subscription only.Finance
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Available with paid subscription only.Type I Classification
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Available with paid subscription only.Subjects *
Available with paid subscription only.UN Sustainable Development Goals **
UIA Org ID
XM1025
Last News
2018
** UN SDGs are linked to the subject classification.
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