Middle East Economic Survey

VOL. XLVIII

No 40

3-October-2005

bahrain

Apicorp To Establish Investment Banking Branch In Bahrain

The Bahrain Monetary Agency (BMA) announced on 25 September it had granted an investment banking license to Saudi Arabiabased Arab Petroleum Investments Corporation (Apicorp), among other licenses. The new entity will participate in taking equity positions and providing debt financing to the petroleum industry. Its main focus will be to support the financing of oil, gas...