APICORP | Egypt Oil & Gas - Part 2
APICORP to Lend $100m to EGPC
Saudi Arabia-based Arab Petroleum Investments Corporation (APICORP) arranged a $100m murabaha financing facility for the Egyptian General Petroleum Corporation (EGPC) to be over a 3 years tenor, reported Reuter. The m...
MENA Expands its LNG Import Facilities
The MENA region is forecast to become the world’s second-largest gas-importing area by 2040, as the countries invest around $10.3b in LNG-importing facilities, Hellenic Shipping News reported. The move comes in light ...
Saudi Bahri, APICORP Agree to Launch $1.5b Investment Fund
National Shipping Company of Saudi Arabia (Bahri) said it signed an agreement with the Arab Petroleum Investments Corporation (APICORP) to establish an investment fund worth around $1.5b, Reuters reported. Bahri said ...
MENA’s Energy Investments Will Reach $900b Until 2020
The MENA region’s total committed and planned energy investments will reach $900b over the next five years, according to a new report published by the Arab Petroleum Investments Corporation (APICORP), Arab News ...
OAPEC’s Investment Corp on Verge of Shipping Deal Bolstered by Islamic Bonds
Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016, reported Zawya. “The pipeline is full. T...
Saudi energy investment at $141b in 5 years biggest in MENA region
Saudi Arabia remained the dominant energy investor in the Middle East and North Africa (MENA) region, with an estimated $141 billion during 2012-2016, data from the Dammam-based Arab Petroleum Investment Corporation (... 
