Investments in MENA estimated at $792bn in 5 yrs – APICORP

Investments in MENA estimated at $792bn in 5 yrs – APICORP

The outlook report mentioned that despite the difficulties, committed investments in the GCC region increased by 2.3% compared to a 6% overall decrease in the entire MENA region.. We expect a W-shaped recovery for the MENA region," said Ahmed Ali Attiga, CEO of APICORP.. "International collaboration between the private and public sector will be critical to counter the expected shortfalls in investment," the CEO added.. The power sector registered a decline of $114 billion in investments due to the commissioning of several projects during 2019 in Egypt, the UAE, and Saudi Arabia, the report noted..