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Keen to emphasise that it is still doing business in the Middle East, Oracle has announced an applications contract win with Arab Petroleum Investments Corporation (APICORP).

APICORP is an inter Arab joint stock company established on 23 November 1975 in accordance with an international agreement signed and ratified by the governments of the ten member states of the Organisation of Arab Petroleum Exporting Countries (OAPEC).

The Oracle eBusiness applications will support an online enterprise portal to distribute business-critical information across APICORP. Under the agreement, APICORP has acquired licenses for a wide range of applications, including Oracle Financials, Oracle Human Resources, Oracle Payroll, Oracle HR intelligence, Oracle Purchasing, Oracle Financial Analyzer and Oracle Express Server.

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