APICORP Expands Energy Finance Mandate 

The Arab Petroleum Investments Corporation (APICORP) is carrying out a plan to expand its role as an energy financier and wants to fill any gaps left as international banks struggling with the ill effects of the Eurozone debt crisis cut their funding to the MENA region. The multilateral bank plans to make trade finance a significant part of its portfolio alongside its current project finance activities, Ahmad Bin Hamad al-Nuaimi, Chief Executive...