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Apicorp posts $30.7m Q1 net profitArab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, said it has registered a first quarter net profit of $30.7 million for 2012. The results comes close on the heels of Apicorp's More… |
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Apicorp Q4 net profit surges 86pcThe Arab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by Arab states, has recorded 86 per cent profit in the fourth quarter of 2011 compared to the year before. Announcing the results after&n More… |
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Apicorp shareholders raise capital to $1.5bnArab Petroleum Investments Corporation (Apicorp) on Tuesday said its shareholders agreed to nearly triple the development bank's capital base to $1.5 billion, helping it move ahead with investment plans. Apicorp is owned by the 10 memb More… |
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Apicorp to co-finance Arab energy projectsArab Petroleum Investments Corporation (Apicorp) said it has signed a deal with the International Finance Corporation (IFC), a member of the World Bank Group, to co-finance Arab-owned energy projects in developing countries. With this, Api More… |
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Apicorp 9-month net income rises 42pcArab Petroleum Investments Corporation (Apicorp), a multilateral bank owned by Arab states, has reported a 42 per cent year-on-year increase in its net income for nine months which hit $64.3 million. Apicorp is owned by the ten member stat More… |
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Apicorp H1 net income jumps 95pcThe Arab Petroleum Investments Corporation (Apicorp), a multilateral bank owned by Arab states, has reported an above-budget net income of $47 million for the first six months of 2010, up 95 per cent over the same period last year. More… |
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Apicorp repays $250m term loanArab Petroleum Investments Corporation (Apicorp) has repaid its $250 million five-year term loan. It entered into the five-year term facility agreement on April 27, 2005, with a maturity date of April 27 this year, chief executive and gene More… |
