Middle East Economic Survey

VOL. LIV

No 14

1-Apr-2011

REGIONAL

APICORP Signs Financing Cooperation Agreement With IFC

The Arab Petroleum Investments Corporation (APICORP) announced on 28 March that it had signed the accession agreement to the International Finance Corporations (IFCs) master cooperation agreement (MCA) in a move that is set to widen its role as a multilateral development bank. The signing of this agreement is intended to enable APICORP the first Arab multilateral development...