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Corporate Governance >Arab League Members States
ARABSAT is an Inter-Governmental Organization (“IGO”) founded by the Arab League in 1976 with a paid capital of US $ 163 Million, Split among its member-states as per the following:
Member Country
% Participation in Paid Capital
Saudi Arabia
36.66%
Kuwait
14.59%
Libya
11.28%
Qatar
9.81%
United Arab Emirates
4.66%
Jordan
4.05%
Lebanon
3.83%
Bahrain
2.45%
Syria
2.08%
Iraq
1.90%
Algeria
1.72%
Yemen
1.65%
Egypt
1.59%
Oman
1.23%
Tunisia
0.74%
Morocco
0.61%
Mauritania
0.28%
Sudan
0.27%
Palestine
0.25%
Somali
0.24%
Djibouti
0.12%