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sur Arab Palestinian Investment Company (APIC)

APIC Reports Robust 55% EBITDA Growth in H1 2026

The Arab Palestinian Investment Company (APIC) announced a solid financial performance for the first half of 2026. EBITDA surged by 55%, reaching USD 44 million, while revenues climbed to USD 688.2 million, reflecting a 15% increase compared to the same period in 2025. This was accompanied by a rise in operational profits by 53% to USD 31 million. Net profit attributable to APIC shareholders soared to USD 6.6 million, marking a significant 1866% increase from the previous year.

Total assets grew by 4.7% to USD 1.05 billion, while liabilities increased by 5.5% to USD 774.2 million. Despite external financial headwinds in Turkey, resulting in non-cash losses of USD 5 million, APIC's business model and operations proved resilient. CEO Tarek Aggad attributed these results to APIC's robust strategies amid regional economic challenges.

R. H.

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