Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


March 26, 2015 7:53 PM ET

Diversified Financial Services

Company Overview of Arab Petroleum Investments Corporation

Company Overview

Arab Petroleum Investments Corporation, a multilateral development bank, provides various finance solutions in the Kingdom of Saudi Arabia. The company offers project finance solutions to energy companies; corporate financing solutions for oil, gas, and petrochemical industries; financial advisory services for energy companies; trade finance solutions for import and export transactions in the hydrocarbon industry, as well as for the import of industry equipment, machinery, and services; and advisory services to clients for international credit rating. It is also involved in the direct equity investment activities, as well as in the provision of treasury and capital market, liquidity manageme...

Dammam Coastal Road

Al Rakkah

PO Box 9599

Dammam,  31423

Saudi Arabia

Founded in 1975

Phone:

966 13 847 0444

Fax:

966 13 847 0011

Key Executives for Arab Petroleum Investments Corporation

Chief Executive Officer, General Manager and Member of Credit Committee
Age: 55
Head of Financial Control Department
Head of Operations Department
Executive Vice President of Project & Trade Finance Department
Senior Vice President of Projects Department
Compensation as of Fiscal Year 2014.

Arab Petroleum Investments Corporation Key Developments

Arab Petroleum Investments Corporation Secures $950 Million Financing for Investment

The Arab Petroleum Investments Corporation (Apicorp) announced that it has successfully secured new financing through a Sharia-compliant syndication totaling $950 million. The deal featured two tranches — the first worth $800 million and maturing in five years, was arranged by SABB, National Commercial Bank, Samba Financial Group, Riyad Bank and Banque Saudi Fransi. The second tranche was for $150 million, matures in three years, and was arranged by First Gulf Bank, HSBC Middle East and National Bank of Abu Dhabi. The transactions were officially completed in early 2015.

Arab Petroleum Investments Corporation Presents at The 8th Annual SuperReturn Middle East 2014, Oct-20-2014 04:10 PM

Arab Petroleum Investments Corporation Presents at The 8th Annual SuperReturn Middle East 2014, Oct-20-2014 04:10 PM. Venue: Ritz-Carlton, Dubai International Financial Centre, P.O. Box 482032, Gate Village, DIFC, Dubai, United Arab Emirates. Speakers: Raed Al Rayes, Deputy Chief Executive and General Manager.

Arab Petroleum Investments Corporation Announces Earnings Results for the First Half Ended June 2013

Arab Petroleum Investments Corporation announced earnings results for the first half ended June 2013. For the period, the company's net profit grew 31% to $66 million from $51 million in the first half of 2012. The strong profit growth reflects the company's ability to continuously expand income streams while ensuring the optimal funding composition that supports sustainable growth.

Similar Private Companies By Industry

Company Name Region
National Engineering Services and Marketing Co., Ltd. Middle East/Africa
Arab Petroleum Investments Corporation Middle East/Africa
Islamic Corporation for the Development of the Private Sector Middle East/Africa
Al Hammad Holding Middle East/Africa
The Saudi Stock Exchange (Tadawul) Company Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 23, 2015
Saudi Mechanical Industries Co.
Merger/Acquisition
April 22, 2014
NPS Bahrain for Oil & Gas Wells Services W.L.L.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Arab Petroleum Investments Corporation, please visit www.apicorp-arabia.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.