The move to the new headquarters follows the approval of APICORP’s 2023-2028 business strategy, which includes a new brand identity
The A/B loan structure will help support APICORP’s less developed member countries and encourage private sector participation
The MENA region is well-positioned to supply around 10-20 per cent of the global hydrogen market by 2050, with the GCC and North Africa set to become global export hubs
Power sector investments in the MENA region are also expected to continue to thrive, with an accelerating shift towards renewables
The joint ‘Infra Initiative’ aims to incentivise more private sector investments and mobilise funding for utility projects