Monday 25 May 2015
 
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Apicorp

Apicorp inks $950m Islamic loan to fund investments

Arab Petroleum Investments Corporation (Apicorp) has signed a two-part sharia-compliant facility worth $950 million that it will use to finance investments in regional energy projects, it said in a statement on Sunday. The bulk of

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National Petroleum signs $200m financing

Dubai-based oilfield services firm National Petroleum Services (NPS) has secured a $200 million refinancing deal from a group of banks and financial institutions, Arab Petroleum Investments Corp (Apicorp), one of the participants, said on Sunday

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Mena region to invest $755bn in energy projects

The Middle East and North Africa (Mena) countries are set to invest about $755 billion in energy projects over the next five years despite plunging oil prices, according to a report.   The Arab Petroleum Investments Corpo

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Arab energy spend ‘could slow down to $685bn’

Set against the backdrop of regional turmoil, economic uncertainties and a declining oil price, energy capital investments in the Arab world will total $685 billion over the next five years, less than levels projected last year, a report said.

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Arab energy spend ‘could slow down to $685 billion’

Set against the backdrop of regional turmoil, economic uncertainties and a declining oil price, energy capital investments in the Arab world will total $685 billion over the next five years, less than levels projected last year, a report said.

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Apicorp seals $267m funding deal with Al-Rajhi

Arab Petroleum Investments Corporation (Apicorp), a multilateral bank owned by Arab states, has sealed a Shari’ah-compliant facility worth SR1 billion ($267 million) with top Saudi lender Al Rajhi Bank. The five-year bilater

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Mideast consortium to acquire National Petroleum

A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corp (Apicorp) have agreed on a deal to acquire Dubai-based oilfield services firm National Petroleum Services, Fajr said on Tuesday. The tr

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Experts discuss Mena energy markets outlook

Energy industry leaders from the region converged in Kuwait to discuss the outlook for oil and gas markets in the Mena region at the second annual Apicorp 2013 Symposium which began on Monday. Organized by Arab Petroleum Investmen

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Apicorp signs IDB credit insurance policy

Arab Petroleum Investments Corporation (Apicorp) has signed a documentary credit insurance policy (DCIP) with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). ICIEC is an affiliate of the Islamic

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Apicorp CEO named ‘Newsmaker of the Year’

The chief executive and general manager of Arab Petroleum Investments Corporation (Apicorp), an inter-Arab joint stock company, was presented the ‘Newsmaker of the Year’ award at a ceremony held in Dubai yesterday (October 30).

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