- As part of its support, APICORP will bring together leading C-suite stakeholders to discuss the role of innovative financing within the industry
Abu Dhabi, United Arab Emirates (UAE), 1 October 2018 – To build upon its commitment to bring together thought leaders from organisations across the world, the Organising Committee of the 24th World Energy Congress has announced today that the Arab Petroleum Investments Corporation (APICORP) will actively support the 2019 Congress by becoming a Gold Sponsor.
To further its ambition of becoming the trusted financial partner to the Arab energy industry, APICORP has chosen to become a leading sponsor of the World Energy Congress to ensure its members’ interests are represented among the most influential stakeholders in the industry who will be attending.
The announcement marks another milestone in the ambitions of the UAE Organising Committee of the 24th World Energy Congress to ensure that the 2019 Abu Dhabi World Energy Congress covers the full spectrum of energy sources as well as actors, including top leading banking, investment and financial institutions. Through its participation, APICORP will share expertise on the strategic role that innovative financing plays in supporting the energy industry, as well as the energy transitions underway across the Middle East and North Africa region.
The agreement was signed on the sidelines of the 11th Arab Energy Conference organised by the Organisation of Arab Petroleum Exporting Countries (OAPEC) in Marrakech.
During the signing ceremony, Dr. Matar Al Neyadi, Undersecretary at the UAE Ministry of Energy and Industry and Chairman of the UAE Organising Committee for the 24th World Energy Congress, said “We are delighted to welcome APICORP as a Gold Sponsor for the 24th World Energy Congress. Its unique positioning as the multilateral development bank focused on the energy sector for the Arab region will enhance the discussions on how innovative financing can advance economic growth. We are looking forward to discussing with energy leaders from across the world, thought provoking topics such as qualifying investment targets in a time of change, examining the factors of successful energy investment projects and looking at what is next in terms of analytics and investment intelligence.”
Dr. Ahmed Ali Attiga, Chief Executive Officer of APICORP, added: “It is a great honour for APICORP to have been invited to become one of the sponsors of the 24th World Energy Congress. It is also a reflection of the progress APICORP has made since its foundation more than 40 years ago, and the reputation and role it has played in developing the region’s energy industry. We are eagerly looking forward to our participation at this landmark event”
The 24th World Energy Congress, the longest-running and most influential energy event in the world, will take place in Abu Dhabi from the 9th till the 12th of September 2019 under the patronage of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE. This will mark the first time the Congress has been hosted in a Middle Eastern city, and by an OPEC member country, in the event’s 94-year history.