Tarek Aggad is chairman and CEO of Arab Palestinian Investment Company – APIC, an investment holding company that he helped launch in 1994. APIC’s investments are diverse in the fields of fast-moving consumer goods (FMCG), the manufacture of meat, construction materials, pharmaceuticals, cars, and retail. APIC has a presence in Palestine, Jordan, Saudi Arabia, the United Arab Emirates, Iraq, and Turkey through its group of subsidiaries that include Unipal General Trading Company; Siniora Food Industries Company; National Aluminum and Profiles Company (NAPCO); Palestine Automobile Company; Medical Supplies and Services Company; Sky Advertising, Public Relations, and Event Management Company; Arab Leasing Company and the Arab Palestinian Storage and Cooling Company. APIC is one of the largest employers in Palestine with around 3000 employees through its group of subsidiaries.
Aggad has been also responsible for supervising several businesses of the Aggad Investment Company (AICO) – a diversified Saudi Arabian holding firm.
He sits on the board of directors of several prominent investment, manufacturing, distribution and services companies in Palestine, Jordan and Saudi Arabia including Bank of Palestine, Palestine Electric Company and King Hussein Cancer Foundation, and was named a Global Leader of Tomorrow (GLT) by the World Economic Forum at Davos in 2001.
In 2023, Aggad was awarded an Honorary Doctorate in Economics and Business Administration from Birzeit University, Palestine.
Aggad holds a Bachelor’s degree in Economics with honors from Harvard University, Cambridge, Massachusetts, USA.