APICORP successfully divests its 12.5% stake in BANAGAS to Boubyan of Kuwait Multilateral Development Bank Seeks to Reinvest in Bahrain Dammam/Manama, 25 October, 2011: Arab Petroleum Investments Corporation (APICORP), the multilateral ... read more >

Ahmad Bin Hamad Al-Nuaimi, Apicorp Multilateral development bank APICORP – the Arab Petroleum Investments Corporation – is following a record performance in 2010 with a new emphasis on diversification in its projects and fund raisings. The bank, ... read more >

01/06/2011 - APICORP General Assembly Increases Subscribed Capital by 173% to US$ 1.5 billion • Ten shareholder countries resolve to increase subscribed capital by 173% from US$ 550 million to US$ 1.5 billion. • Authorized capital doubles from ... read more >

10/05/2011 - APICORP Reports Highest Annual Net Profit in its History • Net profit for the year 2010 surges 62% to reach US$95 million. • Highest total assets and total shareholders’ equity since inception. • APICORP’s 2011 first quarter net ... read more >

29/03/2011 - APICORP Partners with IFC to Co-finance Arab-owned Energy Projects in Developing Countries Signs Accession Agreement to IFC’s Master Cooperation Agreement Dammam/Manama, March 28, 2011: In a move that widens its role as a ... read more >

05/01/2011 - APICORP Divests 12 % Stake in Egypt-based ACBC Proceeds to support APICORP’s efforts to further diversify into mid-stream sector Cairo/KSA, 28 December, 2010: Setting in motion a divestment plan aimed at mobilizing funds for a new ... read more >

10/11/2010 - APICORP Signs $93 Million Medium-Term Loan Agreement with AMPTC Loan to partly finance AMPTC’s acquisition of two Aframax oil product tankers The Arab Petroleum Investments Corporation (APICORP), a multilateral bank owned by the ten ... read more >

01/11/2010 - APICORP net income for first three quarters of 2010 rises 42% y-o-y to $64.31 million Total assets increase 7.5% to reach US$ 4.15 billion at the end of September: Reinforcing its fiscal stability and solid business performance in a ... read more >

23/10/2010 - APICORP Landmark SAR 2 Billion Debut Bond Oversubscribed Three Times with an Aggregate Book Size of SAR 6 Billion (US $1.6 Billion) KSA/UAE, 20th October, 2010: The Arab Petroleum Investments CorporationArab Petroleum Investments ... read more >

01/10/2010 - DIFC - Dubai, October 01, 2010 -- Moody's Investors Service has today assigned a provisional (P) rating of A1 to the Saudi riyal-denominated senior unsecured bonds that will soon be issued by the Arab Petroleum Investments Corporation ... read more >

30/09/2010 - APICORP, has announced on 29 September, 2010 that it is planning to issue a Saudi Arabian Riyal (SAR)-denominated benchmark-sized bond. APICORP will commence roadshow meetings next week in Riyadh, Jeddah, and Dammam. More details about ... read more >

21/09/2010 - In line with its five-year plan objective of diversifying its investment portfolio, APICORP is in mature discussions to exit key investments and reinvest the proceeds in new oil and gas projects across the MENA region. Media Coverage ... read more >

08/06/2010 - Moody’s A1 Rating Endorses Underlying Strength of APICORP KSA, 08 June, 2010: Arab Petroleum Investments Corporation (APICORP), a multilateral development bank owned by the ten member states of the Organisation of Arab Petroleum ... read more >

08/05/2010 - Mr. Al-Nuaimi is heading the Corporation delegation to the 9th Arab Energy Conference Mr. Ahmad Al-Nuaimi, APICORP’s Chief Executive and General Manager, is heading the Corporation delegation to the 9th Arab Energy Conference, which is ... read more >

26/04/2010 - APICORP Settles its US$ 250 Million Term Loan on Time The Chief Executive and General Manager of Arab Petroleum Investments Corporation (APICORP), Mr. Ahmad Bin Hamad Al Nuaimi, announced that APICORP has repaid its US$ 250 million five ... read more >

13/04/2010 - APICORP’s Profits jumped by 245% in the 1st Quarter of 2010 and by 112% at Year-End 2009 The General Assembly of Arab Petroleum Investments Corporation (APICORP) - an Inter-Arab financial institution, affiliated to the Organisation of ... read more >

02/03/2010 - APICORP’s Annual Review of the Arab Economic and Energy Investment Outlook: A Dim Light at the End of a Long Tunnel In reviewing the economic and energy investment outlook of the Arab world our Jan-Feb Economic Commentary concludes by ... read more >

02/03/2010 - The Bahrain Oil & Gas Affairs Minister, and Chairman of the National Oil and Gas Authority (NOGA) Visits APICORP Bahrain - Tuesday 23 February, 2010 - His Excellency Dr. Abdul Hussain Mirza, the Bahrain Oil and Gas Affairs Minister ... read more >

02/01/2010 - Mr. Al-Nuaimi is Renominated as APICORP's General Manager The Board of Directors of Arab Petroleum Investments Corporation (APICORP) held its 4th and last meeting for 2009, on Saturday 26th December in Cairo, Arab Republic of ... read more >

12/12/2009 - Mr. Al-Adsani is Announced as APICORP's DGM Arab Petroleum Investments Corporation (APICORP) is pleased to announce the appointment of Mr. Nabeel Ali Al-Adsani as Deputy General Manager .Prior to joining APICORP, Mr. Al-Adsani was ... read more >

09/12/2009 - Realism in an Uncertain World Project assumptions and scrutiny of deals have clearly had to adjust, and the financing net has to be cast wider, Ahmad Bin Hamad Al Nuaimi, Chief Executive and General Manager, APICORP tells Financial ... read more >

29/06/2008 - "OPEC: Today’s Market Dilemma and Tomorrow’s Economic Challenge" is the presentation made by Ali Aissaoui, Head of Economics & Research, at the 3rd OPEC Summit (Ministerial Symposium) on 15 November. The presentation provided ... read more >

26/05/2008 - "MENA/Arab Macro-economic and Energy Investment Outlooks: Reassessing the Balance of Risks" is the presentation presentation by Ali Aissaoui, Head of Economics & Research, on the occasion of the annual meeting of the Arab Economic ... read more >

12/04/2008 - The General Assembly of Arab Petroleum Investments Corporation (APICORP) - an Inter-Arab financial institution affiliated to the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 32nd Ordinary Meeting on Saturday 12th ... read more >

29/12/2007 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP) – an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 4th and last meeting for the year 2007 on Saturday 29th December, in ... read more >

18/12/2007 - "A MENA macro-economic and energy investment outlook: Sustained growth amid uncertainty" is the presentation made by Ali Aissaoui, Senior Manager of Economics and Research Department at the inaugural meeting of the Arab Energy Club ... read more >

17/11/2007 - APICORP CE&GM Ahmad Bin Hamad Al-Nuaimi stated in an interview with Al-Jezirah daily newspaper that the investment requirements of the petroleum industry sectors in the Arab world exceed US$ 420 billion for the coming 5 years. (See ... read more >

13/11/2007 - Mr. Ahmad Al-Nuaimi, Chief Executive and General Manager of the Arab Petroleum Corporation today announced that he has decided to nominate Mr. Ali Aissaoui as Head of the newly established Economics and Research department. Announcing ... read more >

02/10/2007 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP) - an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 3rd meeting for the year 2007 on Saturday 29 September in city of ... read more >

11/07/2007 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP) - an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 2nd meeting for the year 2007 on Saturday 30 June in Damascus, the ... read more >

17/05/2007 - Arab Petroleum Investments Corporation (APICORP) has mandated Arab Bank plc, Arab Banking Corporation (B.S.C.), Bank of Tokyo Mitsubishi UFJ, Ltd., Bayern LB, BNP Paribas, Calyon Corporate & Investment Bank, DZ Bank, Fortis ... read more >

07/04/2007 - The General Assembly of Arab Petroleum Investments Corporation (APICORP) – an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 31st Ordinary Meeting on Saturday 7th April, 2007 in Cairo, Arab ... read more >

23/12/2006 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP) held its 4th meeting for the year 2006 on Saturday 23rd of December 2006, in Cairo, Arab Republic of Egypt. The meeting was chaired by Mr. Abdullah Al-Zaid, ... read more >

02/07/2006 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP), - an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 2nd meeting for the year 2006 on Saturday 1st July in Cairo, Arab ... read more >

24/04/2006 - APICORP yesterday signed an agreement with EastNets to fully manage the corporation's payment services. The outsourcing will be done electronically from Eastnets service bureau at the Dubai Internet City building. EastNets will ... read more >

01/04/2006 - The General Assembly of Arab Petroleum Investments Corporation (APICORP) – an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 30th Ordinary Meeting on Friday 31st March 2006 in Doha, the State of ... read more >

01/10/2005 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP) - an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 3rd meeting for the year 2005 on Saturday 1st October in Cairo, Arab ... read more >

25/09/2005 - The Bahrain Monetary Agency (BMA) has granted five licences for a diverse range of banking activities. The new licences were approved this month by HH Shaikh Khalifa Bin Salman Al Khalifa, Prime Minister of the Kingdom of Bahrain and ... read more >

16/08/2005 - A line of credit agreement was signed on Tuesday 16 August 2005 in Abu Dhabi, between Arab Trade Financing Program (Program), based in Abu Dhabi, UAE and The Arab Petroleum Investment Corporation (APICORP), a designated national agency ... read more >

07/07/2005 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP), - an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 2nd meeting for the year 2005 on Thursday 7th July in the city of ... read more >

15/06/2005 - H.E. Ahmad Bin Hamad Al-Nuaimi, Chief Executive and General Manager of Arab Petroleum Investments Corporation (APICORP),accompanied by Dr. Mohamed Abdul-Jabbar, the Senior Economist at the Projects Department will visit Lebanon in ... read more >

13/06/2005 - A high rank delegation from Arab Petroleum Investments Corporation (APICORP) starts its meetings with the Syrian senior officials in the oil, planning, financial and commercials sectors on Monday 13 June. APICORP’s visit to Syria came ... read more >

27/04/2005 - Arab Banking Corporation (B.S.C.), The Bank of Tokyo-Mitsubishi, Ltd., BNP Paribas, Calyon, Gulf International Bank B.S.C., Mizuho Corporate Bank, Ltd., Standard Chartered Bank and Sumitomo Mitsui Banking Corporation Europe Limited (the ... read more >

06/04/2005 - The General Assembly of Arab Petroleum Investments Corporation (APICORP) – an affiliate of the Organisation of Arab Oil Exporting Countries (OAPEC) held its 29th Annual Ordinary Meeting on Thursday 7th April, 2005 in Cairo, Arab Republic ... read more >

06/04/2005 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP) – an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) – is pleased to announce the appointment of Mr. Ahmad Bin Hamad Al-Nuaimi, as a ... read more >

13/10/2004 - Mr. Rasheed Al Maraj, the General Manager of APICORP and Mr. Ali Aissaoui of the Project and Trade Finance Department participated to a workshop on Gas Investments in Saudi Arabia held in Riyadh and Jeddah on 12 and 13 October 2004 ... read more >

30/05/2004 - The Arab Petroleum Investments Corporation (APICORP) announces that, its Head Office in Al-Khobar, Saudi Arabia, was attacked by some armed individuals at about 07:15 a.m. on Saturday 29 May 2004. Three fatalities resulted from the ... read more >

19/05/2004 - Oman Polypropylene LLC (OPP) has mandated a group of four banks to arrange its US$240 million of limited recourse financing facilities to part finance the construction of its new polypropylene plant. The banks have underwritten the full ... read more >

10/04/2004 - The General Assembly of Arab Petroleum Investments Corporation (APICORP) – an affiliate of the Organisation of Arab Oil Exporting Countries (OAPEC) - held its 28th Annual Ordinary Meeting on Thursday 8th April, 2004 in Al-Khobar, Eastern ... read more >

28/12/2003 - The Board of Directors of Arab Petroleum Investments Corporation (APICORP) - an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) - held its 4th and last meeting for the year 2003 on Sunday 28th December in ... read more >

Education and Professional Qualifications: Knowledge and skills usually required through education/training in administrative or general business skills; At least two years of related work experience; Ability to cope with multi-cultural ... read more >

23/09/2003 - Oman Polypropylene LLC (OPP) has mandated Arab Petroleum Investments Corporation (APICORP) as Structuring Bank to formulate a suitable financing strategy and structure for OPP’s proposed new polypropylene plant to be constructed in ... read more >

17/09/2003 - Under the patronage of His Excellency Atef Obeid, Prime Minister of the Arab Republic of Egypt and the presence of H.E. Engineer Sameh Fahmi, the Minister of Petroleum, a join-venture agreement was signed in Egypt on Wednesday 17th ... read more >

03/05/2003 - The Annual General Assembly of Arab Petroleum Investments Corporation (APICORP) – an affiliate of the Organisation of Arab Petroleum Exporting Countries (OAPEC) held its 27th meeting on Saturday 3rd May, in Cairo, Arab Republic of ... read more >