APICORP | Egypt Oil & Gas

APICORP and IsDB Launch US $1 billion infrastructure financing initiative

Under the Infra Initiative, funds will be allocated to electricity generation and transmission projects which utilize renewable energy or natural gas, as well as water and waste management facilities.

APPO Approves Egypt’s Suggestion for Promoting African Petroleum Industry 

The African Petroleum Producers Organization (APPO) will establish a task force to strengthen the cooperation between APPO’s member states and promote the African petroleum industry with its available potential an ...

APICORP to Increase Callable Capital to $8.5 B

Development bank Arab Petroleum Investments Corporation (APICORP) has announced the ratification for an increase in callable capital from $1 billion to $8.5 billion.

APICORP Posts Net Income of $112 Million 

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, reported a 17% year on year increase in income to $112 million in 2019, up from $96 million the previous year ...

Apicorp Anticipates Petrochemical Investments’ Value in 2019-2023

According to the Gas Investments Outlook 2019-2023 released by the Arab Petroleum Investment Corporation (Apicorp), petrochemical investments in the Middle East and North Africa (MENA) region are expected to drop ...

APICORP to Loan $250 M to Sonatrach

APICORP will loan Algeria’s Sonatrach a US$250 million worth of facilities.

ECHEM, Methanex Egypt Host PSM Conference

Methanex in Egypt, in partnership with the Egyptian Petrochemicals Holding Company (ECHEM), held the Second Annual Process Safety Management (PSM) Conference, titled: Modernizing Process Safety Management: Sharing ...

APICORP Profits Rise 30% in H1

The Arab Petroleum Investments Corporation (APICORP) announced achieving a 10% increase in net profits during H1 2019.

SUPSC, Apicorp Sign Methanol Project Contract

Suez Petroleum Services Company (SUPSC) has signed a memorandum with Arab Petroleum Investments Corporation (Apicorp) for funding a methanol derivatives project.

APICORP Forecasts $950B in MENA Energy Investments

The Arab Petroleum Investments Corporation has predicted that almost $950 billion will be invested into MENA energy projects over the next five years.

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