Arab Investment Company has achieved net profits of 55,9 million U.S. dollars in 2013, up 36%, compared to $ 41,1 million in 2012, while total shareholders’ equity increased to 1025 million U.S. dollars in 2013, compared to about 948 million U.S. dollars in 2012, an increase of 8,1%.
The company’s total assets were $ 2247 million at the end of 2013, compared to $ 2182 million, up 3% from its level in 2012.
In its annual report, which the Saudi Press Agency Saudi “SPA” received a copy thereof, the company stressed the continuation of its efforts to serve the Arab economy, and achieve good results in unsteady economic climate that prevailed global and regional economies.
The report pointed to the divergence of economic performance of the countries of the Arab region in 2013, where a number of these countries witnessed a significant improvement in performance, especially Arab oil exporters that have been able to achieve good growth rates, benefiting from high oil prices and the growth of other economic sectors and the diversification of income sources.
Source : Saudi News Agency
