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(0) RAMALLAH, Palestine, May 6, 2021 /PRNewswire/ Arab Palestinian Investment Company (APIC) held its ordinary general assembly on Wednesday, May 5, 2021, in Ramallah, Palestine. In its meeting, the general assembly ratified dividend distribution for registered shareholders as of May 4, 2021, of 16.65% of APIC s paid-in capital amounting to USD 96.2 million to date, 7.5% as cash dividends amounting to USD 7.215 million and 9.147 % as 8.8 million in bonus shares. Accordingly, APIC s paid-in capital will reach USD 105 million following the bonus share distribution. Net profit attributed to APIC shareholders grew by 11% in 2020 In his statement, Chairman and CEO of APIC Tarek Aggad spoke of the consequences of the coronavirus pandemic, which caused disruptions to businesses and its consequent negative impact on global economic activity. However, he noted that APIC s management was able to respond rapidly, effectively, and decisively to the challenges of the coronavirus ....