Middle East Economic Survey
VOL. XLIX
No 4
23-January-2006
REGIONAL
APICORP Grants $2.8Bn In Project Finance Loans
Arab Petroleum Investments Corporation (APICORP) announced on 29 December 2005 it had granted $2.8bn in project finance loans to petroleum and petrochemical projects in the Arab world between the months of September and November 2005. Last year APICORPs loan participation totaled 20 agreements, compared to 18 in 2004 and 11 in 2003. Chief Executive and General Manager Ahmad al-Nuaimi...
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