It was founded in September 1994 by several Arab businessmen to channel investment into Palestine.
[1] Since its founding, APIC has become one of the largest operators in Palestine, employing over 3000 employees.
Subsidiaries of APIC offer a wide array of products and services through distribution rights agreements with multinational companies that include Philip Morris, Procter & Gamble, Kellogg's, Hyundai, Chrysler, Dodge, Jeep, Alfa Romeo, Fiat, Fiat Professional, XL Energy, Abbott, B. Braun, Eli Lilly, GlaxoSmithKline, Sanofi Aventis and Nivea, among many others.
[2] APIC is located in Amman, Jordan and Ramallah, Palestine.
[3] APIC was registered in the British Virgin Islands in September 1994.