News tagged "Energy"

Apicorp: MENA to invest US$ 209 Bn in the power sector

Apicorp: MENA to invest US$ 209 Bn in the power sector

16th July 2019

According to *Tradearabia news report, over the next five years, the Middle East and North Africa (Mena) region will need to invest $209 billion in the power sector, according to the latest Mena Power Investment Outlook 2019-2023 report issued by the Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution focused on the energy sector. [..]

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Saudi Arabia expands mandate of its US$ 28 Bn industrial fund

Saudi Arabia expands mandate of its US$ 28 Bn industrial fund

12th July 2019

According to *Arabian Business news report, Saudi Arabia expanded the mandate of its SAR 105 billion  ($28 billion) industrial fund to allow the financing of energy, logistics and mining projects as part of broader efforts to develop the kingdom’s industries.[..]

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