Felice served as shadow minister between 1971 and 1981 and became chairman of the Malta International Business Authority in 1989, which later become the Malta Financial Services Centre.
Felice was also president of the Malta branch of the North Atlantic Treaty Organisation, visiting the White House for meetings with senior US officials in 1969.
Felice was handed an award by NATO in 1974 for promoting understanding of the alliance.
Dr Felice became chairman of the Malta International Business Authority in 1989 and later chaired the Malta Financial Services Centre until 1995.
Married to Evelyn Cassar Reynau, he died aged 80 in Arizona, USA. Felice leaves behind a son and two daughters.