Arab Petroleum Investments Corporation (APICORP)
in Bahrain 🇧🇭
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About Arab Petroleum Investments Corporation (APICORP) in Bahrain
The Arab Petroleum Investments Corporation (APICORP) is an energy-focused multilateral development bank established to foster the development of the Arab world's energy sector. As a specialized financial institution, APICORP operates on a commercial basis while serving the strategic development goals of its member states.
The institution is hosted by Saudi Arabia with its headquarters in Al-Khobar/Dammam and operates a banking branch in Manama, Bahrain. With an authorized capital that has grown from $1.2 billion at inception to $20 billion, and a balance sheet exceeding $8 billion, APICORP is the Arab region's only energy-focused multilateral financial institution.