APICORP: Energy Investment In MENA Set To Top $800 Billion By 2025

Energy investments in Europe, the Middle East, and Africa are set to exceed $805 billion over the next five years, according to Saudi Arabia’s Arab Petroleum Investments Corporation. This is $13 billion more than the energy investments APICORP estimated will flow into MENA between 2021 and 2025 in its previous five-year outlook, published in 2020. The company based its updated forecast on four things. First, there is renewed optimism about the global economy. Second, APICORP, like most other forecasters, expects a boost in energy demand stemming…