Tarek Aggad

Tarek Omar Abdul Fattah Aggad (born 1971) (Arabic: طارق عمر عبد الفتاح عقاد) is a Saudi businessman. He is the executive director of the Aggad Investment Company (AICO) and chairman of Arab Palestinian Investment Company, two firms founded by his father, Omar Aggad.[1][2]

Tarek Aggad
Tarek Omar Aggad
Born
Tarek Omar Abdul Fattah Aggad

January 1971 (age 52)
Lebanon
Alma materHarvard University
OccupationArab Palestinian Investment Company
SpouseShirine Aggad
ParentOmar Aggad

Biography

Aggad was born in Lebanon in 1971, the son of Omar Aggad, and grew up in Riyadh, Saudi Arabia where he attended local schools. He holds a bachelor's degree in Economics from Harvard University, US.[3] He is married to Shirine Aggad, and they have four children.[4]

Aggad serves as a director on a number of boards including Aggad Investment Company, Palestine Power Generation Company, Palestine Electric Company, Bank of Palestine, King Hussein Cancer Foundation, King’s Academy as well as other companies in Palestine, Jordan, and Saudi Arabia.[1]

In 2019 Tarek Aggad was decorated with the “Star of Merit” of the “Order of Palestine” by President Mahmoud Abbas of Palestine[5] in recognition of his distinguished national efforts, particularly in promoting the Palestinian economy and as an appreciation for his generous contributions in serving his people and Country.[6]

Philanthropy

APIC has had an effective social role in the communities within which it operates. APIC’s social responsibility vision lies in forming strategic partnerships with institutions that play an active role in society in the education and health sectors, entrepreneurial projects and youth, as well as its support for social, charitable, humanitarian and cultural institutions. A total of USD 11 million was invested in CSR between 2018-2022, representing an average annual of 8.5% of total net profits of APIC group.[7]

Personal life

He is married to Shirine Aggad, and they have four children.[8]

References
  1. "Aico.com". Aico.com.sa. Retrieved 2016-04-11.
  2. Fox, Marisa (2016-04-07). "Panama Papers: Leaks reveal Abbas' son's $1m holding in company with ties to Palestinian Authority - Middle East News". Haaretz. Retrieved 2017-01-17.
  3. "Tarek O. Aggad, Chairman and Chief Executive Officer (APIC), Executive Director, Aggad Investment Company, Saudi Arabia". APIC. Retrieved 4 May 2016.
  4. "APIC establishes scholarship fund for Palestinian students at King's | King's Academy". Kingsacademy.edu.jo. 2014-01-20. Archived from the original on 2019-01-22. Retrieved 2016-04-11.
  5. "Corporate Social Responsibility…Efficient Role and Lasting Commitment". www.apic.ps. Retrieved 2020-09-19.
  6. "الرئيس يقلد طارق العقاد 'نجمة الاستحقاق' من وسام دولة فلسطين". BNEWS. Retrieved 2020-09-19.
  7. "Corporate Social Responsibility…Efficient Role and Lasting Commitment". APIC. Retrieved 2020-09-19.
  8. "APIC establishes scholarship fund for Palestinian students at King's | King's Academy". Kingsacademy.edu.jo. 2014-01-20. Archived from the original on 2019-01-22. Retrieved 2016-04-11.
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