Arab Palestinian Investment Company Achieved Net Profit of USD12.13 Million in 2016
Arab Palestinian Investment Company (APIC) announced its preliminary unaudited financial results for the year 2016. According to the reported results, APIC achieved net profit after tax of USD12.13 million in 2016. Further, net profit attributed to APIC’s shareholders amounted to USD8.27 million, marking 15.7% growthover 2015. Total revenues in 2016 grew by16.4%and amounted...
Islamic and Western Banking & Finance - Distinctions with Little Difference
This article is written from an economic and capital market perspective, and examines the functionality of Islamic and non-Islamic banking and finance.
In the past forty years, sharia banking, otherwise known as Islamic banking, has become a significant component of the international banking and finance system. sharia banking, oft viewed with mystique by the western...
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Middle East and North Africa, Trade and Investment Report
by The American Chambers MENA Regional Council
Middle East North Afrrica (MENA) Business Environment
While the last two years...
