Fitch Ratings assigns APICORP’s IDR at ‘AA’ with outlook stable
Dammam, Saudi Arabia: Mahmood Rafique, Editor: Fitch Ratings has assigned APICORP a long-term issuer default rating (IDR) of ‘AA’ with ...
Tag: Apicorp
APICORP invests $57.4m in Jordan’s 117mw wind farm project
Dammam, Saudi Arabia: Mahmood Rafique, Editor: The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, announced its first direct ...
APICORP extends $40m financing for Dammam ISTP
Dammam, Saudi Arabia: Mahmood Rafique, Editor: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has provided USD40 ...
MENA energy sector projects reaches close to $1trillion
MANAMA: The MENA region will see a number of critical energy projects pushed through over the next five years, despite ...
MENA power capacity increase fuels growth of renewable energy
MANAMA: The MENA region power capacity requirements are expected to increase at an annual rate of 6.4% until 2022, fuelling ...
MENA region energy investment to reach US$1 trillion
Dammam: Saudi Arabia: As the power sector accounts for the bulk of planned investments as region continues to prioritise critical ...
Electricity demand up 10 per cent in Arab region
MANAMA: Electricity demand continues to grow rapidly in the Arab world where consumption has increase 10-fold since 1980. This surge ...
Domestic fuel consumption across GCC drops to lowest levels
MANAMA: An economic slowdown coupled with energy reforms has adversely affected domestic fuel consumption growth across most of the GCC, ...
APICORP acquires 30% stake in Falcon Cement Bahrain
Dammam, KSA: The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank established in 1975 by the 10 member states ...
APICORP-Bahri unveils US$1.5 b shipping fund
Riyadh – Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP) and The National Shipping Company of Saudi Arabia (Bahri) announced ...