Tarek Aggad
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Tarek Omar Abdul Fattah Aggad (born 1971) ( ar, 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 Omar A. Aggad ( ar, عمر العقاد; 20 April 1927 – 1 February 2018) was a Saudi Palestinian businessman, the founder of Aggad Investment Company (AICO), and the founder and former chairman of Arab Palestinian Investment Company (APIC). ...
.


Biography

Aggad was born in Lebanon in 1971, the son of
Omar Aggad Omar A. Aggad ( ar, عمر العقاد; 20 April 1927 – 1 February 2018) was a Saudi Palestinian businessman, the founder of Aggad Investment Company (AICO), and the founder and former chairman of Arab Palestinian Investment Company (APIC). ...
, and grew up in Riyadh, Saudi Arabia where he attended local schools. He holds a bachelor's degree in Economics from
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
, US. He is married to Shirine Aggad, and they have four children. 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. In 2019 Tarek Aggad was decorated with the “Star of Merit” of the “Order of Palestine” by President
Mahmoud Abbas Mahmoud Abbas ( ar, مَحْمُود عَبَّاس, Maḥmūd ʿAbbās; born 15 November 1935), also known by the kunya Abu Mazen ( ar, أَبُو مَازِن, links=no, ), is the president of the State of Palestine and the Palestinian Natio ...
of Palestine 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.


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.


Personal life

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


References

{{DEFAULTSORT:Aggad, Tarek 20th-century Saudi Arabian businesspeople 21st-century Saudi Arabian businesspeople 1971 births Harvard College alumni Living people Palestinian businesspeople Saudi Arabian chief executives Palestinian philanthropists