{"id":599833,"date":"2019-01-13T03:37:09","date_gmt":"2019-01-13T03:37:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/apicorp-to-invest-usd-1-bn-in-five-countries-including-egypt-in-2019\/"},"modified":"2019-01-13T03:37:09","modified_gmt":"2019-01-13T03:37:09","slug":"apicorp-to-invest-usd-1-bn-in-five-countries-including-egypt-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/apicorp-to-invest-usd-1-bn-in-five-countries-including-egypt-in-2019\/","title":{"rendered":"Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019:<\/b> Egypt is one of five countries in which the Arab Petroleum Investments Corporation (Apicorp)<\/a> plans to invest a total of USD 1 bn this year, CEO Ahmed Ali Attiga said, according to Bloomberg<\/a>. Apicorp is also looking to Iraq, Libya, Morocco, and the US. \u201cBorrowings by energy producers in the six-nation Gulf Cooperation Council plunged 24 percent last year as oil prices hit a four-year high,\u201d pushing the company to look outside the Gulf to expand its portfolio. Apicorp is also looking at assets relate to \u201cthe transformation of the energy sector in this region: renewables, energy efficiency, technology, and anything related to it,\u201d Attiga said.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019: Egypt is one of five countries in which the Arab Petroleum Investments Corporation (Apicorp) plans to invest a total of USD 1 bn this year, CEO Ahmed Ali Attiga said, according to Bloomberg. Apicorp is also looking to Iraq, Libya, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[403,93,72,1304,125,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599833","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-apicorp","tag-energy","tag-enterpriseam","tag-gcc","tag-investment-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fc21ce3e-70f4-4af6-81bd-2a642f306137","is_powered_by":true,"section_story_id":"67bf900a-8bb2-42a1-a077-77b246e74c92","story_type":"1","photo_url":"","photo_position":"above","related_issue":[599822],"teaser":"","voice_url":""},"yoast_head":"\nApicorp to invest USD 1 bn in five countries, including Egypt, in 2019 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/apicorp-to-invest-usd-1-bn-in-five-countries-including-egypt-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019: Egypt is one of five countries in which the Arab Petroleum Investments Corporation (Apicorp) plans to invest a total of USD 1 bn this year, CEO Ahmed Ali Attiga said, according to Bloomberg. 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Company revenues increased last year by 78% y-o-y to USD 252.7 mn. The sale of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570919,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/22\/apicorp-to-increase-callable-capital-eightfold-to-usd-8-5-bn\/","url_meta":{"origin":599833,"position":3},"title":"Apicorp to increase callable capital eightfold to USD 8.5 bn","author":"enterpriseam admin","date":"22 April 2020","format":false,"excerpt":"Apicorp to increase callable capital eightfold: Arab Petroleum Investments Corporation (Apicorp) shareholders have given the go-ahead to increase the development bank\u2019s callable capital to USD 8.5 bn from USD 1 bn to support investments in the energy sector, it announced in a statement (pdf). The lender will also bump up\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570811,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/earnings-watch-apicorp-profits-rise-17-in-2019\/","url_meta":{"origin":599833,"position":4},"title":"Earnings watch: Apicorp profits rise 17% in 2019","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"EARNINGS WATCH- Apicorp net profits rise 17% in 2019: Multilateral development bank Arab Petroleum Investments Corporation\u2019s (Apicorp) annual profits rose 17% in 2019 to USD 112 mn, it said in a statement (pdf). 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