The board directors of the Arab Investment Company (AIC) will hold its periodical meeting here on Saturday under the chairmanship of Dr Mohammed Al-Jassir, the deputy governor of the Saudi Arabian Monetary Agency (SAMA). The participants of the meeting are scheduled to review reports pertaining to the projects in which AIC has been participating in the various Arab countries. It is worth mentioning that the Riyadh-based Company was established in 1974. It is owned by 17 Arab countries and its paid capital amounted to $450 million. The company has been playing an important role in the development of the economies of the Arab countries through its participation in investment projects.
