Middle East Economic Survey
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...