APIC Posts 55% EBITDA Jump Amidst Regional Economic Constraints

Revenues for the Ramallah-based investment group climbed 15% to USD 688.2 million compared to the same period last year. Net profits attributable to shareholders saw a massive surge to USD 6.6 million, a rise of 1866% year-on-year, pushing earnings per share to USD 0.040. Total assets reached USD 1.05 billion, reflecting a moderate 4.7% increase since the end of 2025.

Despite these gains, Chairman and CEO Tarek Aggad pointed to severe systemic pressures. The withholding of clearance revenues by the Israeli occupation has crippled the Palestinian Authority, leaving the government unable to meet obligations to the private sector. Consequently, outstanding debts owed to APIC subsidiaries have ballooned to USD 174 million. Furthermore, the company absorbed USD 5 million in non-cash losses in Turkey, driven by the application of International Accounting Standard 29 amid ongoing regional economic headwinds.