APICORP

APICORP extends a USD50 million revolving construction facility to Yellow Door Energy to finance solar projects

Financing facility to YDE is in line with APICORP’s strategic drive to support energy diversification and access to sustainable power…

5 years ago

Moody says APICORP’s ‘Aa2’ Rating is Stable Despite Current Economic Conditions

APICORP continues to be the only Aa2-rated financial institution in MENA regionRating reaffirmation based on strong capital adequacy, high asset…

6 years ago

APICORP CONTRIBUTES $500 MILLION TO MEMBER COUNTRIES TO TACKLE COVID-19 PANDEMIC

Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has launched…

6 years ago

APICORP’s Callable Capital Increases from $1 billion to $8.5 billion

Callable capital increases from USD1 billion to USD8.5 billion Authorized capital also increased to USD20 billion and subscribed capital to…

6 years ago

APICORP financial results grows from $96 to $112 million in one year

...Net recurring income increased by 17% between 2018 to 2019 from USD 96 million to USD 112 million DAMMAM, Kingdom…

6 years ago